{"id":5401,"date":"2011-09-18T09:15:32","date_gmt":"2011-09-18T13:15:32","guid":{"rendered":"http:\/\/www.energyrefuge.com\/blog\/?p=5401"},"modified":"2017-09-05T17:46:42","modified_gmt":"2017-09-05T21:46:42","slug":"rooftop-solar-power-prices-go-down","status":"publish","type":"post","link":"https:\/\/www.energyrefuge.com\/blog\/rooftop-solar-power-prices-go-down\/","title":{"rendered":"Rooftop Solar Power Prices Go Down"},"content":{"rendered":"

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Via Lawrence Berkeley National Laboratory<\/figcaption><\/figure>A new report by the Lawrence Berkeley National Laboratory reveals that between 2009 and 2010, the cost of residential solar electric systems has fallen 17 per cent to $6.20 per watt. That is a $1.30 price decrease. Since 1998 prices have fallen 43 per cent.<\/p>\n

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According to CNET<\/a>, the study is based on data collected from more than 100,000 installations of commercial and grid-tied residential solar systems under 10 kilowatts in capacity. Official rebates and incentives were not taken into account.<\/p>\n

Report co-author Galen Barbose, of Berkeley Labs’ Environmental Energy Technologies Division, termed the fall \u00e2\u20ac\u02dcprecipitous\u00e2\u20ac\u2122, especially from 2008 onwards, and the reductions have benefitted end-customers. The report does not recommend waiting for prices to go further down, though, as declines can be offset by changes to state incentives for alternative energy<\/a>.<\/p>\n

Another piece of good news in the report is that other types of solar equipment such as inverters, and the installation itself, are also costing less.<\/p>\n

Besides benefitting customers, the decline in costs impacts positively on solar leasing financing programs because providers can offer their services in more regions.<\/p>\n

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