cost of solar

AEI Economist Fumbles Big Time on Cost of Renewables

Did you know that the landing on the moon was staged? Or that swallowing seeds will cause fruit to grow in your stomach? Or that the cost of solar power has gone up 63% since 2001?

If you are tied to reality, you’d know that all three of these statements are utterly false. And while most people know that the moon landing was real and that seeds don’t grow in your stomach, the last falsity is an easy one to slip by people who don’t follow energy — which is almost everyone.

In fact, the installed cost of solar has come down nearly 40% since 2001. […]

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.