SEIA report shows increased use of solar, storage keeps costs lower in Calif., Texas

A SEIA report finds that rapid growth in solar power and battery storage in California and Texas has significantly lowered wholesale electricity prices while electricity demand increased. From summer 2021 to 2026, solar generation increased dramatically and storage capacity expanded multifold, saving billions in energy costs and reducing residential generation costs despite rising overall electricity bills.

This Wire brief sits within Fusion42's coverage of Clean Energy, and 5 sources have reported it.