By Louis-Philippe Lalonde, CMO Ygrene Energy Fund As renewable energy surges into the mainstream, solar technology has rapidly proliferated to disrupt traditional energy consumption, distribution, and storage models in the United States. According to Greentech Mediaâs Executive Report on âThe Future of US Solarâ last year, solar could generate 10% of the countryâs total electricity
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Itâs no secret that solar power represents a huge, largely untapped source of electricity production in the US, with a recent study by the Department of Energy estimating that rooftop solar alone could satisfy almost 40 percent of US electricity demand.
Now San Francisco is boldly pushing ahead to seize the potential of solar, after the cityâs board of supervisors voted unanimously on Tuesday that all new buildings will now be required to install solar panels on their roofs.
Lancaster and Sebastopol, both smaller cities in California, also have this requirement, but San Francisco will now be the first major American city to make solar mandatory for new residential and commercial constructions.
âBy increasing our use of solar power, San Francisco is once again leading the nation in the fight against climate change and the reduction of our reliance on fossil fuels,â said supervisor Scott Wiener, who proposed the legislation.
âActivating under-utilised roof space is a smart and efficient way to promote the use of solar energy and improve our environment. We need to continue to pursue aggressive renewable energy policies to ensure a sustainable future for our city and our region,â he added.
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Property assessed clean energy (PACE) is a means of financing energy efficiency upgrades or renewable energy installations for buildings. Examples of upgrades range from adding more attic insulation to installing rooftop solar panels.