Michigan utility Southern Michigan Power said Wednesday it will charge solar panel customers $.02 per kiloowatt-hour to use the sun for energy. Solar energy is typically billed at a higher rate because the sun emits more energy, but the new rate for residential customers will not change the way they get their electricity.The new charge applies…
Tag: exponent solar energy
Solar energy boom sparks new jobs, tax revenue
Solar power generated more than half a million jobs in 2017, according to the US Bureau of Labor Statistics, with an estimated total of $1.8 billion in annual economic activity.The report was released on the day the Trump administration unveiled a sweeping overhaul of tax policy, which includes sweeping cuts to the corporate tax rate…
Why are Americans paying so much more for solar energy?
It’s hard to think of any sector that offers a more dramatic increase in energy prices for American consumers.The solar industry’s rise to global prominence has been one of the most explosive in the world and is set to continue, with many solar developers setting new records for installed installations in the US.That makes it…