DC is Given a Very Good Solar Power Rating
A new set of rankings for solar power-friendliness across the country gives DC a very good rating.
The rankings, from Solar Power Rocks, looked at twelve different criteria in order to come with the rankings and Washington, DC was given an overall grade of B. The average payback period for a 5 kilowatt system in the city is six years, and the internal rate of return is about 17 percent.
story continues below
loading...story continues above
“Washington, DC gets the first ‘B’ grade, yet continues to rise in our rankings thanks to a great rebate program and a screamin’ Solar Renewable Energy Certificates SREC market,” the rankings noted. “With a sales tax exemption, DC would get a solid “A” grade, but an investment in solar in the District is already a great bet. However, in just two short years the value of SRECs will drop by 30 percent, increasing payback time and reducing the internal rate of return.”
To view the full set of rankings, click here.
See other articles related to: dc solar panels, solar panel, solar panels, solar power
This article originally published at https://dc.urbanturf.com/articles/blog/dc_gets_a_b_rating_in_solar_power_rankings/10950.
Most Popular... This Week • Last 30 Days • Ever
A Cathedral Heights condominium—located on Cathedral Avenue—with outstanding buil... read »
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
- Two Bedrooms with Two Balconies on the Market in Amenity-Packed Cathedral Heights Condominium
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro