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BY Tali Aaron : February 22

Solar Really is Getting Cheaper

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Solar incentives seem to be working to both increase the number of solar installations in the U.S. and bring down the initial cost, according to a report released Wednesday by the Lawrence Berkeley National Laboratory.

"Findings...show that, after a three-year plateau, costs decreased by 3.6 percent from 2007 to 2008, marking a pivotal year for the American solar industry," said the report (PDF).

Broken down into real 2008 dollars, the report estimated that the actual cost of installing photovoltaic solar systems--excluding tax credits or financial incentives--was $10.80 per watt in 1998 versus $7.50 per watt in 2008. That initial cost to the installer dropped significantly once incentives and tax credits were factored in. Last year, the average cost of installation was $2.80 per watt for residential photovoltaic, when incentives and tax credits are counted, and $4.00 per watt for commercial.

[Read More via CNet]

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Posted in: Alternative Energy, Solar Energy
Tags: renewable energy (502)   clean energy (173)   sustainable (380)   fotovoltaicke panely (4)   incentives (9)   PV (111)   Green (549)   clean tech (193)   Buildaroo (288)   Solar (614)   green building (297)   
Last Modified: February 22, 2010 at 2:17 pm
First Published: October 29, 2009 at 12:11 pm

4 Responses to Solar Really is Getting Cheaper

  2. buildaroo on January 22, 2012 at 8:38 pm


    Solar Really is Getting Cheaper http://t.co/JINUMqrx #eco #cleantech #greenbuilding #renewableenergy

    Reply
  3. buildaroo on March 17, 2011 at 7:31 am


    Solar Really is Getting Cheaper http://bit.ly/4BNuFL #eco #cleantech #greenbuilding #renewableenergy

    Reply
  4. Rob Wotzak on November 5, 2009 at 3:11 pm


    RT @alessismore RT @buildaroo Solar Really is Getting Cheaper - study finds. Really Awesome! http://bit.ly/4BNuFL

    Reply
  5. uberVU - social comments on November 5, 2009 at 11:50 am


    Social comments and analytics for this post...

    This post was mentioned on Twitter by buildaroo: Solar Really Is Getting Cheaper! Awesome! http://bit.ly/4BNuFL #renewableenergy #greenbuilding...

    Reply

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