17 Sep '11, 1am

Reports of the Death of Solar are Highly Exaggerated (Take Action)

Reports of the Death of Solar are Highly Exaggerated (Take Action)

The cost of going solar fell significantly for consumers over the past 18 months. The average pre-incentive cost of residential and commercial solar PV systems decreased 17 percent in 2010, the most significant annual reductions since Lawrence Berkeley National Lab began tracking data. Costs declined another 11 percent in the first half of 2011. Market-building policies are effectively driving costs down. Reductions in the costs of installation labor, balance of systems, overhead and other non-module costs fell 18 percent from 2009 to 2010. This is significant because, unlike module costs, which are largely determined by the global market, non-module costs are most readily impacted by state and federal policies that accelerate deployment and remove market barriers. U.S. solar incentives are delivering an increasing return on investment. As a result of lower per watt costs,...

Full article: http://cleantechnica.com/2011/09/16/reports-of-the-death-...

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Reports of the death of solar power are highly exaggerated: via @grist

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