LCOE: What is the levelized cost of solar energy?

levelized cost of solar energy lcoe

PLEASE NOTE: While this article uses 20 years as the expected lifetime of solar panels, most warranties on solar panels are for 25-30 years, so in our calculations in other parts of our website, we now use 25 years as the expected lifetime for the purposes of calculating the Levelized Cost of Electricity (LCOE). - ...

Smart Grids and Solar Energy

Smart Grid

Smartphones, smartcars, smartTVs - everyday we seem to hear the word "smart" in front of a new word. You may have also heard about the smart grid. This one happens to be very important for the future of solar energy. In fact, without a smart grid, it is very difficult to imagine a world where ...

The Five Flavors of Solar: Which One Are You?

Environmentalism

People install solar panels on their roofs for many reasons. Some are in it for their love of the environment. Some are in it for the other "green" rationale: making money. Whatever your primary motivation for going solar may be, it's very important to understand it right from the beginning. This can shape your expectations ...