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For several years, worldwide growth of solar PV has averaged 40% per year from 2000 to 2013 and as the cost of solar electricity has fallen, the number of grid-connected solar photovoltaics PV systems has grown into the millions, with hundreds of megawatts being offered as an inexpensive, low-carbon technology to harness renewable energy from the Sun.
“The cost of solar has plummeted while the cost of grid electricity has continued to gradually rise, and the concept of the solar “break-even point” with solar has become more and more attractive. Actually, some homeowners and business owners are seeing break-even points as low as three to four years and 20-year savings estimates upwards of $30,000 in states where utility prices are high like Connecticut” said Daniel Martins, the president and CEO of Tallento Corp.
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