Solar Power Costs 50% Lower than Last Year

New research by leading alternative energy research firm New Energy Finance finds that solar power will cost less by about 50% at the end of 2009 compared to the end of 2008.

The costs are pre-subsidy, so they could be much lower if you take better government subsidies into account.

But it isn

The research company found that equipment costs (in solar, wind, and other sectors) decreased throughout the year but these were offset by increasing financing costs. However, equipment prices are expected to continue falling whereas the financing market is expected to get better.

Clean Technica