Thursday, December 16, 2010

Home solar costs falling with industry scale

A Lawrence Berkeley National Laboratory study finds that the price of installing residential solar photovoltaic systems has fallen due to cheaper solar panels and improved industry efficiency. The study (PDF) published today finds that system installation costs fell 30 percent from 1998 to 2009. The data, representing 70 percent of grid-tied solar electric installations across the U.S., also noted that "dramatic" cost reductions have been seen in 2010. More>