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Title: On the economics of rooftop solar PV adoption
Much has been written on the rooftop solar photovoltaic (PV) adoption in the U.S., but granular economic assessment at large scale is missing. We provide household level PV economic assessment for a medium size city in North Central Florida, and analyze the economic viability of these installations. Results show that a large number of households will not benefit from solar installations. Further, economic viability is heavily reliant on incentives whose future is uncertain at best. Our analysis did not reveal significant variations in economic viability across different household values --- a proxy we used to differentiate household wealth. Yet, building permits and installation locations indicate economically disadvantaged communities have much lower installation rates as has been the main conclusion in the earlier literature. We argue economic assessment for PV should extend beyond simple benefit--cost analysis. A more nuanced approach should be taken in PV feasibility assessment, and structuring incentive schemes.  more » « less
Award ID(s):
2122313
PAR ID:
10416346
Author(s) / Creator(s):
;
Publisher / Repository:
Energy Policy
Date Published:
Journal Name:
Energy Policy
Volume:
178
Issue:
C
ISSN:
0301-4215
Page Range / eLocation ID:
113611
Format(s):
Medium: X
Sponsoring Org:
National Science Foundation
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