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Distributed solar saved ISO-NE consumers $20M during July heatwave, report says

September 21, 2018 by revisionfred

An aerial photo of solar electric arrays at MOFGAStudy finds the benefits of distributed solar to ALL ratepayers on the grid is significant (confirming earlier findings from studies such as Value of Solar).

Dive Brief:

  • Distributed solar reduced New England wholesale power costs by nearly $20 million dollars during a heat wave from July 1 to July 7, according to a new analysis completed by Synapse Energy Economics.
  • During peak hours for electricity demand, distributed solar can reduce load on the New England grid by more than 1 GW, the report found, helping to reduce system-wide costs. The analysis was commissioned by SunCommon, a distributed solar provider.
  • Earlier this year ISO-New England said it expects to see declining energy use and peak load over the next decade, largely due to efficiency and behind-the-meter solar. The analysis found solar is expected to produce 2,162 GWh of total annual energy savings in 2018, rising to almost 4,800 GWh in 2027.

Learn more: https://www.utilitydive.com/news/distributed-solar-saved-iso-ne-consumers-20m-during-july-heatwave-report/531336/

Filed Under: In the News

Fun Solar Facts

Maine receives 33% more available solar energy than Germany, a world leader in solar technology adoption.

Covering just 1% of Maine's land mass to solar would capture enough solar energy to power our energy needs locally, indefinitely.

Modern grid-tied solar electric arrays have no moving parts - no batteries at all.

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