cost of solar panels

Nice Solar Stats

The US Department of Energy (DOE) put out a nice press release recently that we never got to covering. There were several stats in it that I thought were worth sharing & bookmarking for later reference. Have a look: “In just the last few years, the U.S. has seen remarkable … [continued]

What Is The Current Cost Of Solar Panels?

If you’re considering solar and you’re like most people, one of the first questions you ask is: How much do solar panels cost? Solar is a great idea for many people, not only to cut their utility bills but also to reduce their energy dependence and clean up their ecological footprint. Whether you care about the environment or energy independence, though, the cost of solar is one major element in the decision to go solar that matters to essentially everyone.

Falling Solar Panel Costs are Great for Buyers, Bad for Producers (sort of)

A recent industry analysis by Lux Research projects the amount of solar power installed is to grow 15.5 percent per year, but revenues are to stay flat, until 2016. A report from Navigant Consulting discovered that the price of solar panels is down almost 20 percent as of August 2011. The information derived from these two reports show that the consumer is poised to benefit from the price reduction, while manufacturers can expect an almost flat profit margin for the next few years.