The cost of solar power has dropped over 25% in one year

The clean energy revolution continues and solar is leading the charge. In a recently published report, the US Department of Energy’s National Renewable Energy Laboratories documented that the cost of utility-scale solar, generated from large plants rather than residential rooftops, has decreased by 30 percent within the past year. This happy news aligns with another recent announcement by the SunShot Initiative, a parallel effort within the US Department of Energy, which declared that their cost targets set for solar energy had been met years before their 2020 deadline. All of this serves as a reminder that, despite the politics of the moment, solar energy continues to rapidly become more cost effective and accessible, paving the way for a cleaner energy future.

by Greg Beach

The cost of solar power has dropped over 25% in one year