Tuesday, December 17, 2013

Sunny Fact: Installed Cost Of Solar Now Averages $3 Per Watt And Falls 4.2% Since June!

The Solar Energy Industries Association reports that the price of solar fell another 4.2% in the third quarter from the second quarter.  Prices are lowest for large utility scale projects and highest for small residential units. What is the average cost of a fully installed solar system now in the USA?

"Blended average PV system prices fell 4.2 percent in Q3 2013 compared to the previous quarter, reaching a new low of $3.00/W."

That is astonishing progress and means that the lowest cost projects are now below $2 per watt. Just amazing!

No comments:

Post a Comment