Chart: The Cost of Energy | Statista
Numbers calculated by financial advisory Lazard as of June 2025 estimate price ranges for the generation of one MWh of energy by different sources.
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Numbers calculated by financial advisory Lazard as of June 2025 estimate price ranges for the generation of one MWh of energy by different sources.
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Comprehensive 2025 guide to renewable energy costs. Compare solar, wind, and clean energy pricing vs fossil fuels. Includes latest LCOE data, trends, and projections.
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Utility scale solar projects had a range of $38 to $78 per MWh. A new combined-cycle natural gas plant, by contrast, had a cost of $48 to $109. But an existing gas plant had a cost range
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Here is a breakdown of the cost of renewable energy according to our research, ranked by least to most expensive: Compare these costs to ultra-supercritical coal, which costs $72.78 per megawatt-hour,
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These benchmarks help measure progress toward goals for reducing solar electricity costs and guide SETO research and development programs. Read more to find out how these cost benchmarks are
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As of 2023, solar is 14% cheaper than energy produced by gas. But if we look back to 2009, solar was 433% more costly than energy generated by gas. Today, wind is the lowest cost
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The average cost per unit of energy generated across the lifetime of a new power plant. This data is expressed in US dollars per kilowatt-hour. It is adjusted for inflation but does not account for
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Solar panels can lower your electricity bill by 75% or more, but the upfront investment is significant. Most homeowners spend between $12,600 and $33,376 to install a complete residential
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In December 2020, IEA and OECD NEA published a joint Projected Costs of Generating Electricity study which looks at a very broad range of electricity generating technologies based on 243 power plants
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Renewables continue to prove themselves as the most cost-competitive source of new electricity generation. On an LCOE basis, 91% of newly commissioned utility-scale renewable capacity
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