Japan: solar electricity FIT costs per kilowatt hour 2025| ��ƽ��

FIT costs of solar electricity per kilowatt hour in Japan from fiscal year 2014 to 2025 (in Japanese yen)

Characteristic	Electricity costs in Japanese yen
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Release date

January 2025

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Region

Japan

Survey time period

fiscal year 2014 to 2025; the fiscal year in Japan starts on April 1st and ends on March 31st of the following year

Special properties

excluding tax; FIT costs for solar electricity of 10kW or more but less than 50kW

Supplementary notes

The source does not state a specific date of publication. Therefore, the day of access has been used.
Data prior to fiscal year 2023 come from previous reporting.

100 Japanese yen equal 0.64 U.S. dollars or 0.62 euros as of January 2025.

Citation formats

For fiscal year 2025, the FIT price of electricity that is generated from solar energy in Japan was set at ten Japanese yen per kilowatt hour.
The feed-in tariff (FIT) system is a national system under which the unit price of electricity is fixed by the country. It is designed to increase investments in renewable energy systems by providing price certainty and long-term contracts to renewable energy producers.

 Solar energy is the largest renewable energy source in Japan

In recent years, solar energy overtook hydropower as the largest renewable energy source in Japan. The generation capacity of solar energy continues to rise as the Japanese government made investments in solar power a priority. As the island nation strives to become carbon neutral by 2050, it aims to increase its share of renewables and nuclear power. Consequently, the share of renewables in electricity production has increased to over ** percent in recent years.

 Solar energy prices keep decreasing

In 2015, the government started to cut the FIT-based purchase price of electricity generated from solar energy. Since the sales price of solar photovoltaic (PV) modules has decreased as well, this resulted in a long-term decline in solar power costs. The Ministry of Economy, Trade, and Industry (METI) estimated that solar power will become cheaper than nuclear power by 2030.