Just last week, the average price of a gallon of unleaded gas in St. Louis was $3.20. By Monday, the average price for regular gasoline on the Missouri side of the St. Louis region reached $3.59 a gallon, according to AAAâs Daily Fuel Gauge Report. Thatâs up 28 cents from this time last year.
But, by 2016, Deutsche expects solar energy to reach price parity in all 50 states. For example, the cost of solar-generated electricity in the top 10 states for capacity ranges from 11-15 cents per kilowatt hour (c/kWh), compared to the retail electricity price of 11-37 c/kWh.
The national average price of residential electricity for 2014 was $0.1246 per kWh, according to the U.S. Energy Information Administration. The average commercial electricity price was $0.1071 per kWh and the average industrial price was $0.0703 per kWh.