
Solar prices are going up
The cost of solar has soared 18% in the last year, for an industry that had experienced dramatic price declines over the last decade that have enabled it to compete with fossil-fuel-fired projects. After years of consistent decreses in prices the cost of solar is now going up. There are a few factors as to the rise in cost. Inflation is at the top of the list. U.S. inflation surged to a new four-decade high of 8.5% in March from the same month a year ago, driven by skyrocketing energy and food costs , supply constraints and strong consumer demand. Many states have seen inflation rates over 10%. Solar sales are still up dispite the increse in cost mainly because the cost of ....
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