22 Feb '12, 7pm

In Germany, solar will be as cheap as conventional electricity by 2013

Solar probably won’t really take off until it makes more economic sense to slap some photovoltaics on your roof than to continue paying your utility company for their dirty, probably mostly coal-fired power. That day has arrived in parts of sunny California and Hawaii, and it’s coming to (not-so-sunny) Germany by 2013, reports Michael Coren at Fast Company . Global PV solar installation grew from 0.26 GW to 16.1 GW between 2000 to 2010, while manufacturing costs fell 100 times. Of course, “grid parity,” as it’s called, doesn’t mean you can just painlessly switch from the old power source to a new one. There’s still the up-front cost of installing solar panels, which is a lot to spend, even on something that is going to save you money in the long run. If you’re paying for them on your own, you’re essentially pre-paying your electricity bills for the next 20 to 30 years, whi...

Full article: http://grist.org/list/in-germany-solar-will-be-as-cheap-a...

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