By Julia Pyper | Greentech Media
Millions of people live in cities where going solar would cost them less than their current utility rates — and most of them don’t even know it.
According to a new report by the North Carolina Clean Energy Technology Center, backed by the SunShot Initiative, a fully financed solar PV system costs less than the energy purchased from a residential customer’s local utility in 42 of the 50 largest cities in the United States.
Among single-family homeowners in those 50 cities, the Center estimates that 9.1 million live in a place where solar would be cheaper than their utility bill if they bought the system outright. Nearly 21 million would be better off going solar if low-cost financing is available.
