Ever since the first conference to discuss what solar could do for meeting electricity supply held in 1973, in Cherry Hill, New Jersey, the solar industry has talked about the holy grail of "grid parity".
California's solar industry scored a significant policy victory with the passage of AB 510, which raises the requirement on the state’s electric utilities to “net meter” customer-sited solar systems to 5% of a utility’s annual peak demand from 2.5%.