Sunday, December 27, 2015

Money Crashers: 4 Things With Falling Prices That Are More Affordable Than Ever

Remember how, last April, I made the discovery that a home solar system might be more affordable than I realized? I'd sought out quotes on solar panels in the past, but the upshot at that time seemed to be that our electric bills were so low, a solar system wouldn't really pay for itself over its lifetime. However, when I rechecked the figures last spring, I found that the cost of solar energy had apparently dropped enough to make solar panels a reasonable investment—though they'd still take around 10 years to pay for themselves in energy savings.

As it turns out, solar power is only one item that's fallen dramatically in price in recent years. Gas prices have dropped sharply in the past year or two, while airfares and electronics have been declining in cost for decades. My latest piece for Money Crashers discusses the reasons why these four items have fallen in price, how their lower costs could affect you, and whether the trend is likely to continue.

Read about it here: 4 Things With Falling Prices That Are More Affordable Than Ever

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