Solar prices plummet in 2010

Via naked capitalism, some numbers about solar power


Of course this spells pain for the existing capacity holders. The commentary points out that the over-supply in from china, but if it is, it is going to take a long time before it reaches Spain or the US. So I am fuzzy as to how this impacts local prices. Also if the prices go down and over-capacity is detroyed then the prices go back up, problem solved. In the meantime we have plenty of cheap solar power... so consumption should go back up... I wonder why they have the numbers go down in consumption, this does not follow normal "supply/demand" logic.

Comments

Bill Burke said…
I'm pretty sure I'm going to put in Geo-thermal AC/Heat next Spring. My central AC unit is on its last legs. My furnace is about 18 years old. Just browsing the internet, a new old-school AC unit will run me about $5k. A full geo-thermal system around $15K. New furnace? no idea...

It seems so far like a better investment than a solar system, especially considering I live in the northeast. Prices need to come down another 30-50% for me to even consider a solar array (or for electricity to go up that much)
September 8, 2009 at 10:45:00 AM PDT
adt43wt342 said…
Even in ATL we are going to do geothermal for the house. It is very efficient and has been recommended by a lot of people. I trust you are doing well.
September 8, 2009 at 11:10:00 AM PDT
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