rid electricity prices are not fixed, but changing. Over the past decade, electricity prices have risen, on average across the United States, 3 percent per year. The solar electricity price is locked in once the panels are operating.
Some utilities have time-of-use rates that charge more for electricity during peak times (hot, summer afternoons) that rise as high as 30 cents per kWh. Solar competes favorably against these rates.
There are federal, state and utility incentives for solar that reduce the cost. The 30% federal tax credit, for example, is in statute until the end of 2016.