Solar is now the same price or less than fossil fuels around the world

2016 will go down as the year when solar energy became the same price or less than fossil fuels in many areas across the globe.

This according to the World Economic Forum’s “Renewable Infrastructure Investment Handbook: A Guide for Institutional Investors,” which was released in December.

Here is a blurb from the report:

“While the average global LCOE for coal has hovered around $100/MWh for over a decade, solar has seen its cost plummet from around $600 a decade ago to $300 only five years later, and now close to or below $100 for utility-scale photovoltaic. Wind LCOE is around $50. In this sense, the two major sources of non-hydro renewable energy have reached grid parity in a number of countries. In an increasingly larger number of countries, it has become more economical to install solar and wind capacity than coal capacity.”

In addition to this, recent reports by the Lawrence Berkeley National Laboratory show dramatic decreases in the cost of solar, both rooftop and large wholesale purchases.

Solar energy is gaining momentum throughout the world and in California. The Sacramento region, it turns out, is one of the top areas for homes with solar, according to a report by the Center for Sustainable Energy (CSE). According to the CSE, Davis, El Dorado Hills and Rocklin rank in the top 10 California zip codes by percent of homes with solar. Davis comes in second with 1,735 homes with solar, El Dorado Hills comes in fourth with 2,992 homes and Rocklin is in fifth with 1,873 homes.

Want to know how much you can save by going with solar on your home? With our new online solar quiz, it’s simple. Visit, select your property type, roof type, and enter your address and your monthly average electricity bill amount. Once you have entered that information, your proposal will be ready and you will know how much you can save with solar.

You can be part of the clean energy/solar movement and save on your energy bill at the same time.

Contact us for a free site visit and solar needs analysis, or simply give us a call with any questions you may have at 916.853.2700.

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