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Unsubsidized Solar Remains Most Cost-Efficient Energy Option in US: Report

Unsubsidized LCOE for utility-scale solar in 2025 ranges between $38/MWh and $78/MWh

June 20, 2025

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Despite facing macroeconomic challenges and headwinds, unsubsidized utility-scale solar and onshore wind remain the most cost-effective energy generation technologies in the U.S. for the tenth consecutive year in 2025, according to Lazard’s Levelized Cost of Energy+ (LCOE+) report.

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