On November 18, 2014, Director Amit Ronen was featured in a Computerworld article about a Deutsche Bank’s analysis which estimated that solar installation capacity would grow 400 to 500% over the next 3 to 4 years.
Director Ronen comments that high solar adoption rates are correlated with recent dramatic declines in solar panel prices, the federal investment tax credit for solar projects, and support from the Department of Energy’s SunShot Initiative. Still, more friendly solar policies could lower transaction costs and further boost US solar installations.
Ronen also noted that supportive policies in countries like Germany are leading to higher penetration rates than the U.S. despite having inferior solar resources.
"The German experience shows that with motivated leaders and the right policies, even a country with relatively poor solar resources and a large industrial base can reliably and affordably integrate high levels of solar energy into their electricity mix."
Vishal Shah, author of the Deutsche Bank research report mentions that leasing options and net metering policies have greatly contributed to solar’s growth. While 43 states and the District of Columbia have net metering policies in place, some of these states are reconsidering their policies and may include a surcharge on future utility bills for solar powered homes.