Thursday, December 13, 2012

National Labs Publish Key Solar Pricing Report: Stunning Data Is Must Read!

The National Renewable Energy Laboratory and Lawrence Berkeley National Laboratory collaborated to provide the most comprehensive, accurate data on solar pricing in the USA.
http://www.nrel.gov/docs/fy13osti/56776.pdf.  The data are stunning!

A highlight includes that, for systems quoted to consumers in the fourth quarter of 2011 and installed in 2012, residential systems cost $4.39/watt, commercial rooftop systems $3.43/watt, and utility scale systems $2.79 per watt.  Those are amazing prices and are the single, biggest reason why the USA will install 3,200 megawatts of solar during 2012.

Only a few years ago, the panel costs alone would have been $4 per watt.  Now full systems are installed for less.

Moreover, prices continue to fall, making this critically important report out-of-date as soon as it was published.  That's how quickly the solar revolution is moving.

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