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Levelized cost of energy in the U.S. 2021, by source

Estimated unsubsidized levelized costs of energy generation in the United States in 2021, by technology

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Release date

October 2021


United States

Survey time period


Supplementary notes

Estimates assumes 60% debt at 8% interest rate and 40% equity at 12% cost for both conventional and Alternative Energy generation technologies.

* The low end represents a single-axis tracking system and the high end represents a fixed-tilt system.
** The analysis herein does not reflect decommissioning costs, ongoing maintenance-related capital expenditures or the potential economic impacts of federal loan guarantees or other subsidies.
*** High end incorporates 90% carbon capture and compression. Does not include cost of transportation and storage.

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