52weekbreak
Active VIP Member
All you need do is Google it. https://www.theguardian.com/world/2018/feb/28/after-the-sunrush-what-comes-next-for-solar-power
Manufacturing scale and better technology has driven cost way down to purchase panels. People are gaining expertise in installations and competition helps control installation costs. A big and pricey panel in 2007 was about 100 watts of capacity was around $350. Now a 370 watt panel of the same size costs less than $300 so that seems pretty substantial in my book. 3.7 times the output for about a 15% reduction in cost or from $3.50 per watt down to .90 cents. Not bad for 10 years time. https://www.wholesalesolar.com/brands/canadian-solar
In 2000 my brother bought a 42 inch Sony Flat Screen Plasma TV and paid $13,000. Three years later, the same TV could be bought for $3,000. 18 years later you can get a much better 42 inch flat screen for about $300 on sale Technology moves on and that is why we have fuel injection on our sleds instead of those PITA carburetors.
The panels are improving faster than storage capacity. Lots of interesting things being tried but the lithium battery is currently still the leader of the pack and that is the Achilles heel for stand alone systems. I guess we will see where this goes but you can bet that electricity rates won't be going down any time soon.
Manufacturing scale and better technology has driven cost way down to purchase panels. People are gaining expertise in installations and competition helps control installation costs. A big and pricey panel in 2007 was about 100 watts of capacity was around $350. Now a 370 watt panel of the same size costs less than $300 so that seems pretty substantial in my book. 3.7 times the output for about a 15% reduction in cost or from $3.50 per watt down to .90 cents. Not bad for 10 years time. https://www.wholesalesolar.com/brands/canadian-solar
In 2000 my brother bought a 42 inch Sony Flat Screen Plasma TV and paid $13,000. Three years later, the same TV could be bought for $3,000. 18 years later you can get a much better 42 inch flat screen for about $300 on sale Technology moves on and that is why we have fuel injection on our sleds instead of those PITA carburetors.
The panels are improving faster than storage capacity. Lots of interesting things being tried but the lithium battery is currently still the leader of the pack and that is the Achilles heel for stand alone systems. I guess we will see where this goes but you can bet that electricity rates won't be going down any time soon.
What exactly has improved quite a bit in the last 10 years with solar?
Panels haven’t become more efficient, you can’t transfer more amps through the same diameter cable, if you are using batteries for storage controllers can only charge them to full, batteries are still batteries.
And I wouldn’t say the price is way down. Chinese panels have reduced the cost a little but it’s not way down.