According to an article on Bloomberg.com today, the cost of solar power is dropping so quickly that in as little as five years, it may be cheaper to use solar power in the short term, as well as in the long term.  We here at cheetahpower.net already know that the long term costs of solar/wind power are lower than using electricity supplied from your local utility–see our youtube videos here and here for more information.

According to the article, the technology used to build solar panels is progressing so fast that the price is dropping exponentially…kind of a Moore’s law for sustainable energy.  If this trend continues, where will we be in 10 years?  20?  One thing is for sure, readers of the cheetahpower.net site will be ahead of the curve!

This entry was posted on Thursday, May 26th, 2011 at 8:11 am and is filed under Alternative Energy Options, Decision Making, Financial Decisions, Solar Power. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.