Illinois investor-owned utility ComEd says more than 51,000 distributed energy resources (DER) were connected to grid as of September, including more than 49,000 residential rooftop solar systems and related energy storage facilities.
This figure is a massive increase from 837 rooftop solar systems connected to the ComEd grid in 2016, reflecting an annual growth rate of 53%. More than 1,300 commercial and industrial customers have connected solar systems to the ComEd grid, representing an annual growth rate of 20%.
Year to date, ComEd has received a record volume of nearly 15,000 applications to connect solar resources, and through September, nearly 11,000 systems have been completed, demonstrating the positive impact of climate legislation in Illinois and growing consumer interest in managing energy bills and reducing their carbon footprint with solar energy.
“We have seen a significant increase in the amount of solar in our service territory due to the passage of the Future Energy Jobs Act in 2016, and it will continue to grow with the implementation of the Climate and Equitable Jobs Act (CEJA) over the next several years,” says Scott Vogt, vice president of strategy and energy policy at ComEd. “The clean energy transition is well under way, and ComEd is making the necessary investments to ensure continued reliability as additional clean energy resources like solar panels come onto our system.”
More than 900 MW of DER have been connected to the system, and ComEd expects that will increase to over 1.9 GW by 2025 and to more than 3.6 GW by 2030.
ComEd also notes that the first community solar project in Illinois was completed in 2019, and there are now 87 such projects in service in the ComEd region, resulting in an 18% annual growth rate. By the end of this year, ComEd expects to have about 100 community solar projects on its system serving a total of 25,000 customers.
The post ComEd: From 837 Solar Installations in 2016 to 49,000 Today appeared first on Solar Industry.
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
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