27 Jun '14, 1pm

Lessons from Australia: How to Reduce US Solar PV Costs through Installation Labor Efficiency

Whether you look at U.S. DOE SunShot targets or RMI’s own Reinventing Fire vision, which has the U.S. solar market scaling from 4.5 GW PV installed per year to 20 GW, system costs have to come down to accelerate residential and commercial customer adoption. A new analysis and report from Rocky Mountain Institute (RMI) and Georgia Tech Research Institute (GTRI) — Lessons from Australia: Reducing Solar PV Costs Through Installation Labor Efficiency — identifies opportunities for the U.S. solar market to take important steps in that direction. Non-hardware costs (permitting/inspection/interconnection (PII), customer acquisition, installation, and margins/overhead) now dominate system prices in the U.S. For sub-10-kW systems, 80 percent of solar system cost decline in the U.S. since 2008 has been due to hardware price reductions. In the U.S., non-hardware costs now account for...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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