Very interesting findings here. This shows just how low costs will fall for installing solar compared to all other electricity generating technologies. Also the CAPEX costs are low for not just utility scale solar but for commercial and domestic scales. When the costs for installing solar are so low and with very reasonable operating costs it really does become a no brainer!
Solar ranks lowest in terms of projected Capital Expenditure (CAPEX) for electricity generating technologies in 2030, according to the National Renewable Energy Laboratory’s 2016 Annual Technology Baseline (ATB). Utility-scale, commercial, residential PV and concentrated solar power (CSP) all rank lowest in terms of CAPEX as compared to onshore wind, offshore wind, geothermal, hydropower, coal, gas, nuclear and bio power for 2030.