Berlin-based climate research institute Mercator Research Institute on Global Commons and Climate Change (MCC) has released a new study indicating that, in the last decade, the cost of solar power has dropped by 87 percent, and the cost of battery storage by 85 percent.
Solar power and storage prices have dropped almost 90%::undefined
$50k is a pretty large installation, 18kw-22kw I’d guess for solar only (no battery storage). I’m hoping thats only a max of 100% replacement of electricity sourcing (meaning essentially no net grid consumption after you’re installed). What’s the price per KWh for electricity delivered to your door in St Louis? Its gotta be pretty crazy cheap if you’re that large a consumer of electricity and you’re paying in cash with no battery, and still looking at multiple decades of ROI with the US federal tax credit.
$50k is a pretty large installation, 18kw-22kw I’d guess for solar only (no battery storage). I’m hoping thats only a max of 100% replacement of electricity sourcing (meaning essentially no net grid consumption after you’re installed). What’s the price per KWh for electricity delivered to your door in St Louis? Its gotta be pretty crazy cheap if you’re that large a consumer of electricity and you’re paying in cash with no battery, and still looking at multiple decades of ROI with the US federal tax credit.