Solar Energy Price Drop At Full Speed
Solar Energy Just Cleared a Pricing Target Set for 2020
Brad Jones, September 14, 2017 (Futurism)
“…[Utility-scale solar has] now reached the $0.06/kWh cost target in Kansas City, Missouri, that was set for 2020 by the Department of Energy’s SunShot Initiative in 2011…[It is cheaper in sunny places like Phoenix, Arizona, and] more expensive in New York…[Utility-scale] solar now costs around one dollar per watt in terms of the total install cost, not taking into account any tax credits…[and] the price the price of installing utility-scale solar hardware dropped 29 percent over the first quarter of 2017…[The price of commercial-industrial and residential solar is about 85 percent of the SunShot target. The department’s next milestone, for 2030, will focus on improving reliability,] resilience, and storage…” click here for more
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