This article was originally featured on Grist. When you live far from the sprawling fields befitting utility-scale solar and wind farms, it’s easy to feel like clean energy isn’t coming online fast enough. But renewables have grown at a staggering rate since 2014 and now account for 22 percent of the nation’s electricity. Solar alone has grown an impressive eightfold in 10 years.
Beyond these federal incentives that allow energy developers to claim tax credits equivalent to 30 percent of the installation cost of renewables, state policies that proactively drive clean energy or promote a competitive market in which the dwindling price of renewables allow them to outshine fossil fuels have been critical to ratcheting up growth. Yet, even with the accelerating expansion seen in the last decade, more investments and incentives are needed.
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