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.  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Moreover, prices continue to fall, making this critically important report out-of-date as soon as it was published.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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