this post was submitted on 07 Nov 2023
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So is this good or bad? Lower prices are always better imo, but it's concerning that there isn't enough demand to match the supply.
It could be related to low demand across the global economy. For example, car manufacturers are slowing down, and electricity prices here in Sweden are near an all time low. A positive take would be that electricity usage is just down at the moment.
Probably a touch bad. Solar is dropping because in key markets (California, EU) house prices are too high, and adding solar is being deprioritized. Plus some saturation in the market among enthusiasts.
That said, maybe the price drop will encourage some more adoption.