LBNL: Residential solar installations save US homes an average of US$1,987 on energy bills
- Admin
- Jun 12, 2024
- 1 min read
The article discusses the impact of rooftop solar panels on reducing energy burden for US homes. It highlights a study by Lawrence Berkeley National Laboratory (LBNL) which found that installing rooftop solar panels can decrease energy burden by an average of two percentage points. The savings vary based on income levels and regions, with low-income homes seeing the highest reduction. However, homes in the south, particularly Florida, experienced an increase in energy burden due to the relatively low cost of electricity. The researchers suggest that federal initiatives like the Justice40 initiative aim to address energy burden issues in lower-income households through investments in solar manufacturing projects.
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