28 Aug '15, 10am

Cost of Installed Solar Continues to Fall

The median installed cost of small photovoltaic (PV) Generation of electricity directly from sunlight. A photovoltaic cell has no moving parts; electrons are energized by sunlight and result in current flow. (PV Photovoltaics. Generation of electricity directly from sunlight. A photovoltaic (PV) cell has no moving parts; electrons are energized by sunlight and result in current flow. ) systems continues its downward march, with 2014 showing the fifth consecutive year of significant price reductions, according to an annual report from the Department of Energy's Lawrence Berkeley National Laboratory. Installed prices for both residential and non-residential PV systems finished last year were 40 cents per watt lower than they were the year before. The decline for large non-residential PV installations was even sharper, 70 cents per watt, the latest Tracking the Sun report sai...

Full article: http://www.greenbuildingadvisor.com/blogs/dept/green-buil...

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