Aug 18, 2023
yet, it is being purchased at 1,3 cents per kwh and dropping fast. The trend is clear. The materials cost next to nothing as the prices are dropping fast. A 500 W solar panel cost $100, produces electricity for 25 years, roughly 20,000 kwh. That's 0.5 cents per kwh, that's a rounding error. And this will keep getting cheaper and more powerful overtime. That's technology, you've seen it many times before and you'll see it even more. Faster cheaper better