Prices of Solar Power installations in the US fell 17% in 2015

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That prices of these cleaner forms of energy are falling so far and so fast has a lot to do with global manufacturing scaling up, financial markets getting smarter, local government better understand the technology, large scale utility installations investing in research and more factors after that. And more importantly that all of those factors – are that everyday people accept and want solar power as part of their energy mix.

 

Source – Wikipedia: “Swanson’s Law is an observation that the price of solar photovoltaic modules tends to drop 20 percent for every doubling of cumulative shipped volume.”

Interestingly, these projections from Swanson have actually been underestimating the fall in price of solar. Expect more price drops to occur – but also expect incentives to fall.

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John Weaver
John Fitzgerald Weaver has worked in the Finance and Solar fields since 2005. He is currently employed by Beaumont Solar Co. with a focus on Commercial and Utility Development. John is a hands on salesman, with a strong engineering background who got into solar power because he felt a lack of inspiration in banking:

“Solar power aligned with many needs – my interests (technology), my morals (I think solar is important on multiple species wide levels), my need for growth (there is a lot to learn in this growing industry), and my desire to be part of something important (energy is one of the most important and fundamental – if not the fundamental – of human needs). I chose the Solar Life”

If you have a solar project in mind, you can reach John at 508-990-1757 extension 209

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