In Two Years, Rooftop Solar Will Cost The Same As Grid Electricity

The price of rooftop solar power is falling fast. Just recently, the U.S. National Renewable Energy Laboratory said solar energy prices dropped by up to 19% countrywide in 2013, and by 12% this year. Prices now are 59% lower than what people said they would be back in 2010, showing how rapid the advances have been. In the public mind, solar may still be something that only relatively well-off people can afford (people who have houses and who can afford to finance solar panels either upfront or a long-term lease). But increasingly that idea looks outdated. In a few short years, solar won't be an expensive luxury. It will be cheaper than everything else available.