Solar Power Costs Declining

by | Mar 13, 2009

photon-solar-cost-chart2The cost of installing solar is trending downward. Companies that aren’t in position to reap the rewards will fall behind their competitors, according to a report from Photon Consulting LLC.

The report, “The True Cost of Solar: Race to $1/w,” suggests that by 2012, in sunnier areas, solar power will be generated for less than 10 cents per kilowatt/hour. An executive summary of the report is available here.

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