China’s Cheap Solar Panels… What Did It Do to Your Bill?

China helped make solar panels cheaper than ever before. SO WHY IS YOUR ELECTRIC BILL STILL SO HIGH? For years, we've been told that cheaper renewable energy would eventually mean cheaper electricity. And in one important way, that promise has delivered. Solar panel manufacturing costs have fallen dramatically, with China becoming the dominant force in global solar manufacturing. Today, solar panels can be produced at prices that would have seemed almost impossible just a couple of decades ago. But here's where the story gets interesting.