The U.S. Department of Energy is shifting away from key clean energy solutions and justifying increased investments in dirty energy to power the American grid.
Its policy moves are slowing the momentum of solar energy and may result in increased costs and security risks.
What’s happening?
As EnergySage reported, solar power is affordable and scalable despite the federal government subsidies expiring at the end of the year. EnergySage is an objective, independent source of solar industry expertise, offering free tools to compare quotes and receive quick installation estimates.
A Lazard report revealed that solar and wind energy are the most affordable sources of new electricity in America. Meanwhile, gas costs are increasing, and the cost of building a new gas-powered plant is significantly higher than that of a new solar-powered one.
“Lazard’s latest Levelized Cost of Energy+ analysis found that gas plant construction is at its most…
