The source material was a joint publication by National Rural Electric Cooperative Association, National Rural Utilities Cooperative Finance Corporation, CoBank, and NRTC.
The battery pack costs for one MWh of battery energy storage system (BESS) are expected to decrease from about *** U.S. dollars per kWh in 2017 to *** U.S. dollars per kWh in 2025. During this period, demand for battery packs will also go up.
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National Rural Electric Cooperative Association. (April 18, 2019). Projected decline in battery pack costs for a 1 MWh lithium-ion battery energy storage system (BESS) between 2017 and 2025 (in U.S. dollars per kWh) [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 18, 2026, from /statistics/1103438/projected-battery-pack-costs-decline/
National Rural Electric Cooperative Association. "Projected decline in battery pack costs for a 1 MWh lithium-ion battery energy storage system (BESS) between 2017 and 2025 (in U.S. dollars per kWh)." Chart. April 18, 2019. ÀÖ²¥´«Ã½app×îа汾. Accessed August 18, 2026. /statistics/1103438/projected-battery-pack-costs-decline/
National Rural Electric Cooperative Association. (2019). Projected decline in battery pack costs for a 1 MWh lithium-ion battery energy storage system (BESS) between 2017 and 2025 (in U.S. dollars per kWh). ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 18, 2026. /statistics/1103438/projected-battery-pack-costs-decline/
National Rural Electric Cooperative Association. "Projected Decline in Battery Pack Costs for a 1 Mwh Lithium-ion Battery Energy Storage System (Bess) between 2017 and 2025 (in U.S. Dollars per Kwh)." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 18 Apr 2019, /statistics/1103438/projected-battery-pack-costs-decline/
National Rural Electric Cooperative Association, Projected decline in battery pack costs for a 1 MWh lithium-ion battery energy storage system (BESS) between 2017 and 2025 (in U.S. dollars per kWh) ÀÖ²¥´«Ã½app×îа汾, /statistics/1103438/projected-battery-pack-costs-decline/ (last visited August 18, 2026)
Projected decline in battery pack costs for a 1 MWh lithium-ion battery energy storage system (BESS) between 2017 and 2025 (in U.S. dollars per kWh) [Graph], National Rural Electric Cooperative Association, April 18, 2019. [Online]. Available: /statistics/1103438/projected-battery-pack-costs-decline/
