{"id":42952,"date":"2014-09-21T11:17:18","date_gmt":"2014-09-21T15:17:18","guid":{"rendered":"http:\/\/planetsave.com\/?p=42952"},"modified":"2014-09-22T17:47:48","modified_gmt":"2014-09-22T21:47:48","slug":"solar-panels-cost","status":"publish","type":"post","link":"https:\/\/planetsave.com\/articles\/solar-panels-cost\/","title":{"rendered":"Solar Panels Cost Less Than Electricity From Natural Gas In US"},"content":{"rendered":"

A new report out from Lazard tells us something those who follow the wind and solar industries already knew to some degree: large-scale solar and wind power projects can now compete purely on cost with natural gas power plants (as well as coal and nuclear, of course). Solar panels cost less than electricity from any other source in some regions, and the cost continues to fall.<\/p>\n

We’ve seen solar come in lower<\/a> than natural gas in Austin<\/a>, Minnesota<\/a>, and probably New Mexico<\/a>. The city of Austin has actually made solar power a “default energy source” now<\/a>.<\/p>\n

Wind power<\/a>, meanwhile, is often the cheapest option for new electricity generation capacity. However, it often produces electricity in the middle of the night, complementing\u00a0solar panels.<\/p>\n

Worth noting is that this has long been\u00a0the case with renewable energy subsidies, but the point of the report is that it’s also the case without<\/em> those subsidies in a growing number of places, even while fossil fuels retain their\u00a0subsidies.<\/p>\n

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