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Installed Price of Solar PV Continues Rapid Decline

Installed Price of Solar PVThe installed price of solar PV power systems in the United States fell substantially in 2012 and through the first half of 2013 – the third year in a row of significant price reductions for PV systems in the US, according to the DOE Lawrence Berkeley National Laboratory.

Installed prices decreased by a range of $0.30/W to $0.90/W, or 6 to 14 percent, from the prior year, depending on variables such as the size of the system. In the first half of 2013, PV system prices in California fell by an additional 10 to 15 percent, and the Berkley lab said that PV system price reductions in 2013 are on pace to match or exceed those seen in recent years.

Read more at Energy Manager Today.

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