Berlin-based climate research institute Mercator Research Institute on Global Commons and Climate Change (MCC) has released a new study indicating that, in the last decade, the cost of solar power has dropped by 87 percent, and the cost of battery storage by 85 percent.

Solar power and storage prices have dropped almost 90%::undefined

  • zoe @infosec.pubEnglish
    11·
    2 years ago

    i dont live in Canada, but that quote was from a third party solar installation company, that gets a license from the utility company to install a two-way electricity meter to tie the solar system to the grid. and yea those prices have been the same for a year now, if not dropped. a 2kw inverter is about 300$, 400w panel is about 100$*5=500$. meter=60$. the rest (3k$-860$=2140$) are costs of copper wire,breakers, labour and margin. maybe cost of labour in Canada is high, hence the high quote. better install it urself: check Will Prowse on youtube, assembling a solar system is like a lego game