†Offer is available to Texas residential customers who enroll using the Promotion Code “NIGHTSFREE”. Plan bills a monthly Base Charge, an Energy Charge, and passes through Utility Transmission and Distribution delivery charges. Energy Charges for usage consumed between 9pm and 7am each day is credited back on your bill. The utility charges, including delivery charges for night time hours, are passed through at cost and aggregated on your bill. See Electricity Facts Label for details.
Similarly, in the United States, the independent National Research Council has noted that "sufficient domestic renewable resources exist to allow renewable electricity to play a significant role in future electricity generation and thus help confront issues related to climate change, energy security, and the escalation of energy costs … Renewable energy is an attractive option because renewable resources available in the United States, taken collectively, can supply significantly greater amounts of electricity than the total current or projected domestic demand."
Floatovoltaics are an emerging form of PV systems that float on the surface of irrigation canals, water reservoirs, quarry lakes, and tailing ponds. Several systems exist in France, India, Japan, Korea, the United Kingdom and the United States. These systems reduce the need of valuable land area, save drinking water that would otherwise be lost through evaporation, and show a higher efficiency of solar energy conversion, as the panels are kept at a cooler temperature than they would be on land. Although not floating, other dual-use facilities with solar power include fisheries.
In 2007, General Electric's Chief Engineer predicted grid parity without subsidies in sunny parts of the United States by around 2015; other companies predicted an earlier date: the cost of solar power will be below grid parity for more than half of residential customers and 10% of commercial customers in the OECD, as long as grid electricity prices do not decrease through 2010.
As the cost of solar electricity has fallen, the number of grid-connected solar PV systems has grown into the millions and utility-scale solar power stations with hundreds of megawatts are being built. Solar PV is rapidly becoming an inexpensive, low-carbon technology to harness renewable energy from the Sun. The current largest photovoltaic power station in the world is the 850 MW Longyangxia Dam Solar Park, in Qinghai, China.