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LevelTen Energy

LevelTen Energy

Clean energy marketplace and data provider

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US renewable power contracts hit record prices as policy and data center demand collide

Money Moves

Publisher of the quarterly PPA Price Index

For nearly a decade, wind and solar power kept getting cheaper. That streak has broken. As of the first quarter of 2026, the average US solar power purchase agreement costs $64.49 per megawatt-hour and the average wind contract costs $79.40 per megawatt-hour. Both are the highest figures LevelTen Energy has recorded since it began indexing the market in 2018, with wind prices up roughly 24 percent and solar up more than 13 percent year over year.

Updated May 31