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Solar power prices are dropping fast, NREL says

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The price of solar power panels dropped as much as 19 percent nationwide in 2013 and are expected to drop by as much as 12 percent in 2014, according to a new report from the National Renewable Energy Laboratory in Golden. The price of solar power panels for utility-scale projects fell below $2 per watt in 2013 and have continued to drop in 2014 to about $1.80 per watt — 59 percent below 2010 prices, according to the report. "There is still considerable uncertainty as to how low PV [photovoltaic]…

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