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

  • Buffalox@lemmy.worldEnglish
    31·
    2 years ago

    Was that recently or last year? Prices were out of control last year. Here prices have dropped almost 30% just since May.

      • Buffalox@lemmy.worldEnglish
        12·
        2 years ago

        OK, you might be able to get offers at about half the price now then. If things are like they are here.

        I calculated our ROI to about 9 years, the company however promises about 6, but I think that’s overly optimistic.