I forget now how I ran across this chart, but it’s a nice one. It shows that residential solar PV power hit socket parity (aka grid parity) in California, Germany, Australia, Italy, and the Netherlands in 2013. Of course, these are based on averages, including average solar PV system prices and average … [continued]
RenewEconomy. One graph in the International Energy Agency’s latest Solar Roadmap report highlights how the dramatic cost reductions in rooftop solar PV has caught the world by surprise – and caused the likes of the IEA to revisit their forecasts, and for incumbent industries to review their business models. Four … [continued]
RenewEconomy. Retail parity – known as socket parity – for rooftop solar is a reality in many countries, including Australia. What has been a bigger challenge for the solar industry is to attain wholesale parity – where the cost of solar farms can compete with the prevailing wholesale price of … [continued]
RenewEconomy. It is now generally recognised that rooftop solar has reached “socket parity” – meaning it is comparable or cheaper than grid prices – in many countries over the last few years. The big question for consumers and utilities is when will socket parity arrive for solar and battery storage? … [continued]
Originally published on Cost of Solar. The Institute for Local Self-Reliance (ILSR) has published some wonderful reports on the solar rooftop revolution. It has also published numerous articles, charts, and graphics on this. Below is its Solar Rooftop Revolution infographic focused on when we’ll see solar panels cost less than grid electricity … [continued]
