16 Jan 2015:
Solar a Better Investment Than
Stocks in Most Large U.S. Cities, Study Says
SunShot Solar Outreach
For homeowners in 46 of the 50 largest cities in the U.S., investing in a residential solar power system would yield better returns than putting money in the stock market, according to an analysis
by the North Carolina Clean Energy Technology Center at North Carolina State University. For 21 million owners of single-family homes in the U.S., solar energy already costs less than current local utility rates, the report says, as long as the system can be purchased with low-cost financing of 5 percent interest over 25 years. Residents of New York City, Boston, and Albuquerque would likely see the largest benefits from investing in residential solar, with monthly savings of roughly $100 in the first year and 25-year savings that would exceed the likely returns of investing in stocks in the Standard & Poor's index, the report says. The findings assume
, however, that government incentives encouraging solar investments — such as tax exemptions and policies allowing homeowners to sell excess solar power to utility companies — will continue, which is highly dependent on federal, state, and local politics.
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
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Business & Innovation
Policy & Politics
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Science & Technology
Antarctica and the Arctic
Central & South America
A look at how acidifying oceans could threaten the Dungeness crab, one of the most valuable fisheries on the U.S. West Coast. Watch the video.
is now available for mobile devices at e360.yale.edu/mobile
An aerial view of why Europe’s per capita carbon emissions are less than 50 percent of those in the U.S. View the photos.
An indigenous tribe’s deadly fight to save its ancestral land in the Amazon rainforest from logging. Learn more.
video series looks at the staggering amount of food wasted in the U.S. – a problem with major human and environmental costs. Watch the video.
Residents of the Chocó Rainforest in Ecuador are choosing to plant cacao over logging in an effort to slow deforestation.
Watch the video.
Tribal people and ranchers join together to stop a project that would haul coal across their Montana land. Watch the video.