Solar price parity arrives early
Renewable energy now costs the same as other forms of electrical power. The world has changed.
By Dana Blankenhorn
When asked if the cost of solar power might ever equal that of other grid power, I used to say it would happen in 2015 or 2016.
Turns out I’m wrong. The correct answer is now.
The continuing shakeout among Chinese solar panel makers will drop the price of panel power to 48 cents/watt this year, according to GTM Research. It’s assumed that grid parity is found at 50 cents/watt.
Read more by following this link: MSN Money: Solar price parity arrives early.