Obama Sets Up Cost Of US Solar Energy For Another Freefall

Obama Sets Up Cost Of US Solar Energy For Another Freefall

Solar energy is already cost competitive with conventional fuels in 14 US states, and that’s pretty amazing considering that the bottom has dropped out from under the coal, natural gas, and petroleum markets. Well, the other 36 states better brace themselves because here comes more than $102 million in US Energy Department funding for new projects to make solar energy even cheaper.

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How Home Owners Are Paying Next to Nothing for Solar Panels in 2015

What's your electric bill this month -- $200? $250? More? I have foolishly let "Big Energy" sell me electricity and my monthly bill is higher than the GNP of France.

Wake up any tech CEO in the middle of the night and ask what his or her fondest wish would be, and the answer would be "a monopoly." For the longest time, IBM, Microsoft, Intel, Oracle, and Cisco had near monopolies, and their CEOs slept well at night. The greatest advantage: You can make mistakes, be late to market, have quality problems, and still own your market.

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U.S. Energy Secretary: Solar and wind energy now cost-competitive without subsidies

U.S. Energy Secretary Ernest Moniz, who trained as a nuclear physicist, believes that the price of solar and wind power have fallen so dramatically that the market for them can now grow without subsidies. Moniz told reporters that the Obama administration supports Congress' extension of renewable energy tax credits, but "I certainly see solar growing" even "without subsidy" and the cost reductions have "been incredible" for the solar industry, making for an improved "value proposition ... in many contexts."

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