Entries by Gary Chen

Leading By Example: The Top Solar Cities In The U.S.

There’s a new No. 1 solar-powered city in the U.S., with San Diego replacing Los Angeles as the top city for installed solar PV capacity by the end of 2016, according to a new report from Environment America and the Frontier Group. U.S. solar power grew at a record-breaking pace last year, and the report […]

As PACE Financing Grows Up, the Industry Grapples With Lending Standards and Consumer Protections

By many measures, the financing programs referred to as PACE — or property-assessed clean energy — are among the most successful energy-efficiency financing tools in U.S. history. The programs, which fund building efficiency upgrades and rooftop solar panels through loans paid off in tandem with property taxes, are closing in on $4 billion in transactions across […]

HERO program used by more than 3,000 Fresno homeowners

When the Fresno County Board of Supervisors voted to adopt the HERO program, the goal was to help local homeowners make energy and efficiency upgrades that could reduce utility bills and greenhouse gas emissions while creating local clean-energy jobs. Today, it’s clear that the program is working: through the HERO Property Assessed Clean Energy (PACE) […]

U.S. Solar Market Insight

The U.S. installed 14,800 megawatts (MW) of solar PV in 2016 to reach 42.4 gigawatts (GW) of total installed capacity, enough to power 8.3 million American homes. With more than 1 million residential solar installations nationwide and record-breaking growth in the utility-scale sector, the industry is poised to nearly triple over the next five years, […]

Solar reached 1.4% of U.S. electricity in 2016

While the U.S. solar market continues to grow rapidly, solar generation still represented a tiny share of overall U.S. electricity, according to the latest figures from the U.S. Department of Energy’s Energy Information Administration (EIA). The latest edition of EIA’s Electric Power Monthly shows that the portion of electricity that the nation gets from solar […]

Picking Up PACE After Federal Guidance

A promising energy efficiency program could get closer to reaching its massive potential after a federal policy tweak that tempers lenders’ concerns to allow more homeowners to cash in. Variations of the Property Assessed Clean Energy program, better known as PACE, already exist in more than 30 states. Until now, the program has skewed mainly toward commercial or […]