Reflects the average high and low LCOE for each technology.
Supplementary notes
* No longer analyzed.
** Prior releases by the source divided utility-scale solar PV into thin film and crystalline subcategories. All values prior to 2023 reflect those of the solar PV-crystalline technology.
Citation formats
Mean unsubsidized levelized cost of energy (LCOE) in the U.S. 2009-2025, by source
In 2025, gas peaking power plants had the greatest LCOE in the United States, at *** U.S. dollars per megawatt-hour. While costs for renewable energy have been on a downward trend since 2009, the data for 2024 represents an increase compared to the previous year.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÀÖ²¥´«Ã½app×îа汾 can support your business.
Lazard. (June 19, 2025). Mean unsubsidized levelized cost of energy (LCOE) in the United States from 2009 to 2025, by source [Graph]. In ÀÖ²¥´«Ã½app×îа汾. Retrieved August 19, 2026, from /statistics/1415038/us-mean-unsubsidized-lcoe-by-source/
Lazard. "Mean unsubsidized levelized cost of energy (LCOE) in the United States from 2009 to 2025, by source." Chart. June 19, 2025. ÀÖ²¥´«Ã½app×îа汾. Accessed August 19, 2026. /statistics/1415038/us-mean-unsubsidized-lcoe-by-source/
Lazard. (2025). Mean unsubsidized levelized cost of energy (LCOE) in the United States from 2009 to 2025, by source. ÀÖ²¥´«Ã½app×îа汾. ÀÖ²¥´«Ã½app×îа汾 Inc.. Accessed: August 19, 2026. /statistics/1415038/us-mean-unsubsidized-lcoe-by-source/
Lazard. "Mean Unsubsidized Levelized Cost of Energy (Lcoe) in The United States from 2009 to 2025, by Source." ÀÖ²¥´«Ã½app×îа汾, ÀÖ²¥´«Ã½app×îа汾 Inc., 19 Jun 2025, /statistics/1415038/us-mean-unsubsidized-lcoe-by-source/
Lazard, Mean unsubsidized levelized cost of energy (LCOE) in the United States from 2009 to 2025, by source ÀÖ²¥´«Ã½app×îа汾, /statistics/1415038/us-mean-unsubsidized-lcoe-by-source/ (last visited August 19, 2026)
Mean unsubsidized levelized cost of energy (LCOE) in the United States from 2009 to 2025, by source [Graph], Lazard, June 19, 2025. [Online]. Available: /statistics/1415038/us-mean-unsubsidized-lcoe-by-source/
