The price of solar energy systems dropped by 36 percent in North Carolina between 2006 and 2011, in a trend that is likely occuring across the U.S.
The cost of solar power in North Carolina is falling steeply, a state trade group reported, providing the first real evidence of a trend that is likely occurring in other states that are harnessing the power of the sun.
The price of solar photovoltaic (PV) systems dropped by 36 percent in North Carolina between 2006 and 2011, from $8.50 to $5.44 per watt. All the while, fossil fuel costs jumped three percent on average in the state every year of the past decade, the report found.
The national average for solar was $6.20 per watt in 2010, according to the most recent available data.
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3 comments:
Ok. Lets do the math. $5.44 per watt x a 40 watt light bulb comes to $217.60. Where do I sign up. I think I've seen the light!
Solar is junk you have to maintain a huge battery bank that don't delivery a huge amount of power.
I would much rather have a windmill for 18,000 than solar panels for 50,000.
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