Can the electric utility industry support both solar and fossil fuels?

solarBy Katherine Tweed | Greentech Media

When David Owens, EVP of business operations group and regulatory affairs for the Edison Electric Institute, briefed Wall Street on Wednesday, he was clear in his remarks about rooftop solar.

“I’d like to correct the pervasive misperception that our industry is working to stop rooftop solar,” he stated. “Quite the opposite.”

He then went on to note that residential rooftop solar is the most expensive form of electricity generation in the U.S., at $3.60 per watt, compared to $1.88 per watt for utility-scale solar, citing GTM Research figures.

Continued:

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