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Solar Power Is Now Just As Cheap As Conventional Electricity In Italy And Germany

Think Progress

Once all its costs are accounted for, the price of commercial solar power has pulled even with retail electricity rates in Italy and Germany, according to a new report.

The analysis is the third installment in a regular report by the consulting firm Eclareon, done on behalf of an international group of sustainable energy interests. This installment was also the first to look at solar power in the commercial sector rather than the residential sector. It looked at a standard 30 kilowatt solar photovoltaic system for your average commercial building, and the built a methodology to assess its “leveled cost of energy” (LCOE) in seven different countries: Brazil, Chile, France, Germany, Italy, Mexico and Spain.

Read the full story from Think Progress

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