, , ,

Source:   http://www.greentechmedia.com/articles/read/the-one-chart-that-shows-why-2014-was-a-pivotal-year-for-us-solar

According to GTM Research, US utility-scale solar PV projects are commonly reaching power purchase agreements (PPA’s) for 4.5-7.5 cents/kW-hr. These prices are making solar cost competitive with electricity from the grid in a number of U.S. states, a term called “grid parity”.

“This is the first time that we’ve seen, purely on a price basis, that the solar projects made the cut — without considering carbon costs or the need to comply with a renewable energy standard — strictly on an economic basis.” Shayle Kann, VP of GTM Research