Just The Facts: The Cost Of Solar Has Fallen More Quickly Than Experts Predicted

Takeaways:

• The price of residential solar power has dropped significantly from 2010, when it was $7.53/W, to $2.65/W in 2021.
• This is primarily a factor in decreasing the price drop for technologies.
• More Americans will have access to solar power due to the Defense Production Act, accelerating domestic solar panel production in the country.

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