Nobody expected the kind of price drops that we saw this year and by some calculations it’s as much as mid 30% drop. When I said exponential drops, I’m talking about somewhere in the 7 to 12, 13% range, but when you start saying numbers like 34%.
What some calculations show, we saw in 2011. It certainly moved the bar forward dramatically and I think for the futurists and the people that really want to think about the impact in the future, consider this. When we get to grid parity – let’s assume it’s worst case 2017. What that means is the cost of solar panels now is such that it can compete with natural gas out on the grid.
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