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Solar is now ‘cheapest electricity in history’, confirms IEA (International Energy Agency) (from 2020)
(www.carbonbrief.org)
this post was submitted on 12 Nov 2023
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Technology
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It’s worth noting that grid scale tends towards far better ROIs of 7 to 10 years. Home systems are a lot more expensive seeing as about half the cost of them tends to be in labor and markup as compared to the economies of scale larger projects. Still often worth it, but significantly more than a properly managed power company in a favorable regulatory environment can do.