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Comment by kragen

2 days ago

You're overstating the current price of PV panels by a factor of three to five; it's closer to 3% of the 15-years-ago price than to 13%. That graph ends in 02023, at US$0.31/Wp, toward the end of the solar-panel bubble set up by the price-fixing cartel at the time. The actual current price is €0.11/Wp, or €0.06/Wp for low-cost (low-efficiency, no-warranty) panels: https://www.solarserver.de/photovoltaik-preis-pv-modul-preis...

€0.11 is 5% of US$2.39 (the Wp price on that graph from 02010), and €0.06 is 2.7% of it. However, my notes from 02016 say that the Solarserver price index for July 02010 was €1.62/Wp; sadly I did not note which module class that was. €0.11 is 6.8% of €1.62, but of course the Euro was worth more at the time...

This three-to-five-fold difference is why you're seeing this article now.