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Bryce Smith

Bryce Smith

Founder and Chief Executive Officer, LevelTen Energy

Appears in 1 story

Stories

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

Money Moves

Leading the firm whose quarterly index is the most widely cited benchmark for US corporate renewable contract prices

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 the highest figures LevelTen Energy has recorded since it began indexing the market in 2018. Wind prices are up roughly 24 percent year over year; solar prices are up more than 13 percent.

Updated 2 hours ago