The Economics of Solar

THE INSTALLED PRICE OF SOLAR IN DOLLARS PER WATT OF RATED GENERATION CAPACITY HAS DECLINED SIGNIFICANTLY ACROSS ALL CATEGORIES SINCE 2010. (CREDIT: LBNL) 
  
Excerpt from Scientific American – link http://blogs.scientificamerican.com/plugged-in/the-price-of-solar-is-declining-to-unprecedented-lows/?WT.mc_id=SA_ENGYSUS_20160901
 
Put together, the reports show that all categories of solar have seen significantly declining costs since 2010. Furthermore, larger solar installations consistently beat out their smaller counterparts when it comes to the installed cost per rated Watt of solar generating capacity (or $/WDC).

…………………………………………………………………………………………………..It will certainly be interesting to see what kind of market dynamic develops as solar approaches the tipping point where it becomes more economical than conventional forms of electricity generation.

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