Rooftop Solar Could Power 20% of D.C. and Save Ratepayers Money By John Farrell
August 31, 2011
For many years the citizens of Washington, D.C. struggled for the basic right to elect their own leaders. In 2011, they should use their political home rule to maximize the economic benefits of local renewable energy with “electricity home rule.”
Currently, residents and businesses in Washington spend over $1.5 billion dollars a year on electricity. According to a study of D.C.’s energy dollars by the Institute for Local Self-Reliance, 90 percent of that amount (largely unchanged since the 1979 study) – $1.4 billion – leaves the city.
...In its recently published atlas of state renewable energy potential, the Institute for Local Self-Reliance (ILSR) found that the District of Columbia could generate 19 percent of its electricity from rooftop solar PV systems. That’s $267 million spent on electricity bills that could be kept locally.
But maximizing local electricity generation with rooftop solar has enormous additional economic benefits. To fill District roofs with solar panels, residents would need to install just over 1,800 megawatts (MW) of rooftop solar. The National Renewable Energy Laboratory (NREL) estimates that every megawatt of solar generates $240,000 in additional economic activity, making the economic value of maximizing solar energy self-reliance close to $432 million. ...
http://www.renewableenergyworld.com/rea/blog/post/2011/08/rooftop-solar-could-power-20-of-d-c-and-save-ratepayers-money?cmpid=SolarNL-Wednesday-August31-2011The article continues on to point out that the economic stimulus 'multiplier effect' was 1.5X - 3.4X. Does anyone recall the numbers associated with most of the programs in the stimulus bill?