Berlin-based climate research institute Mercator Research Institute on Global Commons and Climate Change (MCC) has released a new study indicating that, in the last decade, the cost of solar power has dropped by 87 percent, and the cost of battery storage by 85 percent.

Solar power and storage prices have dropped almost 90%::undefined

@0ddysseus@lemmy.world
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101Y

Ah yes. This is why batteries in Aus cost the same as they did 10 years ago. Capitalism working as intended

htrayl
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-11Y

Batteries definitely do not cost the same.

@0ddysseus@lemmy.world
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81Y

Well that’s a compelling case you make there.

Have a counterpoint:

Solar battery average price in 2018 was $10k for 10kw Its now $12k for 10kw.

So you’re actually right! The price has increased.

https://www.solarchoice.net.au/blog/home-solar-battery-storage-system-prices-april-2018/

https://www.solarmarket.com.au/batteries/battery-pricing-and-sizes/

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