What is it about magic numbers? Seems like every once in a while, a number keeps popping up. Today’s number is 450, and it relates to the state of PV solar today compared to some notable 20th-century growth technologies:
In 1916, the U.S. car ownership rate was 1 in 450 (one out of every 450 households).
In 1949, the U.S. television ownership rate was also 1 in 450.
Today – the U.S. PV solar ownership rate is, you guessed it, 1 in 450. One out of every 450 U.S. homes now has PV solar on the roof or in the yard.
(By contrast, the PV solar ownership rate in Germany is 1 in 33.)