The Economics of Solar: When The Sun Shines on Texas
McKinsey has developed this chart to predict when solar power will reach price parity with fossil electricity in certain parts of the world. In Italy, for example, it is already close. In Texas, it will be near the end of 2020. Which, when you come to think of it, isn’t that far away. (Hat tip: Andrew Sullivan)
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Solar power is already there in west Texas
http://mospublic.ercot.com/erc.....es_mcp.jsp
Wait till the “new” TXU can change their rates and see how quick 2020 gets here…like 2009 quick.