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Solar Costing 1/3 Retail Power

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Germany’s cost of producing solar energy,
. . . has shrunk to 1/3, of what households pay for power,
. . . after the nation made developers compete for subsidies.

Most bids to build large ground-mounted solar plants in the first solar auction,
. . . came in at 9 euro cents (9.7 U.S. cents) to 10 euro cents a kilowatt-hour,
. . . Deputy Economy Minister Rainer Baake said.
German retail consumers are paying on average 29.8 cents a kWh,
. . . according to Eurostat.

04-24-2015 Source:  Solar Costing 1/3 Retail Power


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