Wednesday, January 2, 2013

The Price of Solar Electricity

Today's good news is the continuing fall of the price of solar voltaic cells. They can now be installed for $.74 per watt of capacity, less than 1% of their price in 1977. If the price falls below $.50 -- and there is no reason to suppose that it won't in another decade or two -- then solar power becomes highly competitive even without subsidies.

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