Price of Solar Energy in the United States Has Fallen to 5 cents/kWh on Average
Wednesday, September 30, 2015 - 11:30
in Mathematics & Economics
Solar energy pricing is at an all-time low, according to a new report released by Berkeley Lab. Driven by lower installed costs, improved project performance, and a race to build projects ahead of a reduction in a key federal incentive, utility-scale solar project developers have been negotiating power sales agreements with utilities at prices averaging just 5 cents/kWh.