SOLAR VALUE GETS BETTER
Watch Out Fossil Fuels: Costs Continue to Drop for Solar Energy
Travis Holum, June 13, 2015 (Motley Fool)
“One of the biggest reasons I think the solar industry has an incredibly bright future is the fact that it's one of only a few energy sources (i.e., wind) that is consistently and fundamentally lowering costs…Fossil fuels, which are the solar industry's biggest competitor, are getting more expensive to extract from the ground…and nuclear costs continue to come in higher…making them noncompetitive with wind or solar. What's remarkable is the pace at which solar costs are coming down…[R]esidential systems were 9.7% less expensive [in Q1 2015] than a year ago, commercial system costs were 13.1% lower, and fixed tilt utility projects were down 7.6%...That's an incredible pace for cost reductions considering the fact that solar energy is now competitive with the grid in all three segments…” click here for more
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