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US Solar Capacity279 GW+18% YoY
US Wind Capacity161 GW+5% YoY
Residential ITC (Sec. 25D)Expired12/31/2025
Global Renewables Share33.8%+1.7pp YoY
US Grid Carbon384 g/kWh-2.3% YoY
100% Renewable Countries7ALB BTN ETH ISL NPL PRY COD
US Solar Capacity279 GW+18% YoY
US Wind Capacity161 GW+5% YoY
Residential ITC (Sec. 25D)Expired12/31/2025
Global Renewables Share33.8%+1.7pp YoY
US Grid Carbon384 g/kWh-2.3% YoY
100% Renewable Countries7ALB BTN ETH ISL NPL PRY COD
GridBasics
Energy, made simple
← Myth EngineTopic · economy
Verdict · False

"Renewable energy is too expensive."

The Data

Here's what it actually shows.

Levelized cost — utility solar
$38–78 / MWh
Source · Lazard LCOE+ June 2025
Levelized cost — onshore wind
$37–86 / MWh
Source · Lazard LCOE+ June 2025
Levelized cost — new gas combined cycle
$48–107 / MWh
Source · Lazard LCOE+ June 2025
Solar module price drop (since 2010)
−90%
Source · IRENA
Sources

Go read the receipts.

Related

Other myths in economy

Verdict · Mixed

"Going solar only helps rich people."