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Solar Panels Drop in Price

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DAILY DEFLATION DATAPOINT
"The cost of solar panels has plunged lately, changing the economics for many homeowners," the Times observes. "Panel prices have fallen about 40 percent since the middle of last year, driven down partly by an increase in the supply of a crucial ingredient for panels, according to analysts at the investment bank Piper Jaffray."

It's doubtful anyone could have predicted that with crude oil prices hovering around $70/bbl prices for solar panels would plunge 40% in one year.
SOURCE:   New York Times

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