The State of the Solar Industry, 2013

I was reading my copy of SolarToday this weekend and ran across a fantastic article about the State of the Solar industry. Here is a link.

In summary, solar panel prices are way down and hovering around $1/watt. Back in 2005 when SolarYpsi got started, solar panels were selling for about $5/watt. This has been hard on solar panel manufactures and several of them have got out of business. But this is great news for consumers and solar installers. It is also great news for companies that make solar racks and inverters for solar installations. With these lower prices, solar power is giving coal, nuclear, and natural gas energy a run for it’s money.

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