It appears the fossil fuel industry’s scare campaign over renewable energy driving up the price of electricity is having the same desired effect that it had back in 2011, when they campaigned against placing a penalty on polluting the atmosphere with global warming gases.
Yep you guessed it – households and businesses are flocking to install solar on their rooftops.
Green Energy Markets’ Solar Report assessment of STC creation data shows that March hit levels of capacity not seen since the days of 45c to 60c premium feed-in tariffs in 201, when there was also an STC rebate that was twice to five times its current level.
All up, we estimate almost 92MW (92,000 kilowatts) of rooftop solar PV capacity created certificates in March.
The chart below details the history of solar PV capacity installs since the beginning of the Small-scale Renewable Energy Scheme. I’ve added a green dashed line providing a 6 month moving average to try to illustrate longer term trends, with the yellow line representing actuals.
It would take approximately 7.85 billion solar panels to power the entire United States, according to this study.
