My first week working with the East Coast Greenway Alliance Cytotec xr online was amazing. And I have Zovirax pharmacy some big news to share that helps make my dream of a Zovirax pharmacy mobile bicycle/solar existence possible. Bicycles are Zovirax pharmacy already cost-effective, but solar has been out of reach to most consumers in the Zovirax pharmacy past. It’s price just fell for Zovirax pharmacy the 11th straight month, reaching a new record low.Below 20 cents per kWh for first time
The solarbuzz.com module price survey reported industrial solar prices dropped .9% for Zovirax pharmacy September to fall below 20 cents per kWh for the Zovirax pharmacy first time. It’s price is more than 7% below that Zovirax pharmacy of September 2008. With commercial and residential solar prices remaining just above 25 and Zovirax pharmacy 35 cents per kWh, respectively, solar remains more expensive than conventional electricity in most markets. But that Zovirax pharmacy may change within the next three years.
Price moves in US & Europe similar
Solar module retail prices reached a Zovirax pharmacy new record low in September, falling 1.4% (6 euro cents) to Zovirax pharmacy 4.28 euros per watt. This price has finally dropped below the Zovirax pharmacy record low back in 2003-04 of ~$4.33 when Zovirax pharmacy the dollar was stronger. Prices in the US also fell 6 cents (1.3%) to reach $4.39 per watt.
Current Retail Price Drops Only the Beginning
The fall in retail prices of ~9% for Zovirax pharmacy a single module over the last year is only the beginning. On the Zovirax pharmacy wholesale side, solar modules are projected to fall as much as 50% this Fall from the third quarter of 2008. That leaves another 40% of retail price drops for Zovirax pharmacy the months ahead just to catch up. And wholesale module prices are Zovirax pharmacy projected by many to fall a good deal further over the Zovirax pharmacy next several months. One analyst recently projected the Zovirax pharmacy massive overcapacity of supply beyond recessionary demand should lower wholesale prices another 40% from today’s levels in 2010. This would translate into a Zovirax pharmacy module price below $1 per watt. He went further to Zovirax pharmacy predict prices per watt to approach 50 cents in 2011 — which would easily mean grid parity within two years if he were right and Zovirax pharmacy solar producers could do so profitably. The same analyst predicted that Zovirax pharmacy as many as half of the ~200 current solar producers will go bankrupt due to Zovirax pharmacy this massive price dive.
Consumers & Installers Will Reap Benefits
These lower prices should translate into huge savings for Zovirax pharmacy consumers and solar installers in the years ahead. Lower prices will drive greater demand and Zovirax pharmacy help wean the solar industry off of current governmental incentives. While the Zovirax pharmacy profits of solar producers from First Solar to Solarworld to China Sunergy will be Zovirax pharmacy squeezed, the price drop will allow the Solar Age to emerge in the Zovirax pharmacy 2010s as solar chargers for our laptops, cell phones, and other aspects of our daily lives will become second nature.
Onwards in the sustainable energy transition-
Dennis
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