The best place to generate cash from a solar farm in the United Sates isn’t California or sunny Florida—it’s Long Island.
While New York ranks 11th in the country in terms of solar capacity, photovoltaic power there can sell for more than anywhere else in the continental U.S., according to a report Sept. 20 from Bloomberg NEF. Last year, solar in New York City and Long Island earned an average of about $45 a megawatt-hour, compared with as little as $15 a megawatt-hour in Southern California, according to the report.
