May
20
2010
Natural Gas vs. Solar Energy Cost Analysis (2008)
A study was conducted by the United States Department of Energy and The National Renewable Energy Laboratory to analyze the cost and performance of solar thermal electricity. Study proved that high development of solar thermal electricity plants would allow for costs to decrease for solar thermal by 2020.
It is projected that prices will rise for natural gas generated electricity from 7.894 cents per kilowatt hour to 8.098 cents per kilowatt hour.