Texas’ Solar Challenge: Lessons Learned From Arizona, California | Stateimpact Texas

ERCOT supplies power to about 23 million people in Texas.

And unlike California and Arizona, Texas lacks whats called net-metering . A net meter spins both forward and backward recording power produced and power used. Electricity produced by solar is subtracted from the customers monthly bill. Net metering has allowed solar to expand in Arizona and California. And now the head of the Texas Public Utilities Commission is calling for an end to all energy subsidies. If you install solar, you receive a 30 percent federal tax credit to defray installation costs. Larry Perea heads a small, eight-person company called Solar Smart Living .
Browse the first version and this includes any type of supplemental images or video playback by clicking to http://stateimpact.npr.org/texas/2014/07/02/texas-solar-challenge-lessons-learned-from-arizona-california/

Solar Stocks: Still Shining — SCTY, KWT, FSLR — Investing Daily

Declining Costs, Higher Efficiency Help First Solar Compete In 2013, First Solar cut its per-watt module manufacturing costs by 11 percent, to $0.63 from $0.73 in 2012, continuing an ongoing trend.At the same time, it continues to improve its cadmium telluride panels conversion efficiency ratio, or the share of available energy they can convert into usable power. First Solars conversion rate averaged 13.2 percent in 2013, and the company just accelerated its forecast on this front, with expectations that its most advanced line will hit 15.6 percent to 15.8 percent efficiency at the end of 2015, rising to 18.9 percent in 2017, as First Solar aims for a slice of the rooftop market. In the first quarter, First Solars revenue jumped 25.8 percent, to $950.1 million from $755.2 million a year ago, largely due to revenue from its 139 MW Campo Verde project in California, which it sold in April 2013 and will continue to operate under a 10-year contract. Net income jumped to $1.10 a share from $0.66. Both figures topped Wall Streets expectations. The companys balance sheet is also strong, with cash of $975.2 million and $138.2 million of long-term debt, as of March 31. First Solar now expects earnings of $2.40 to $2.80 a share for all of 2014, up from its previous forecast of $2.20 to $2.60. The stock has gained 29.4 percent year-to-date and sports a p/e ratio of 17.2.
Originally revealed at: http://www.investingdaily.com/20652/solar-stocks-still-shining/


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s