Average US Wind Price Falls to $20 per Megawatt-Hour

The middle of the United States continues driving wind prices lower. Cheap projects located in the country’s windy center have drawn the national average down to $20 per megawatt-hour, according to a new report from the Department of Energy’s Office of Energy Efficiency and Renewable Energy.

The report calculates a decline in average wind prices from about $70 per megawatt-hour in 2009, to $20 per megawatt-hour in 2017 — a $50 decline in an eight-year period.

While the drop was less pronounced in the U.S.’ most resource-rich wind zone — the prices in the middle of the country fell from $55 per megawatt-hour to a bit below $20 per megawatt-hour in that same time — the overall price declines are drastic.