That's when storage is not considered. Once storage is factored in, the LCOE becomes anywhere between $5 to $20. In the US, solar makes a lot of sense in the southern states, less sense in Midwest and WA.
That being said, the US still has plenty of capacity to accommodate more "sewer grade" (no battery backup) solar generation. It will provide easy CO2 savings and it can work well with flexible power consumers (AI training datacenters).