05 Dec '11, 9pm

Group Purchase Gets Residential Solar to Grid Parity in Los Angeles

Group Purchase Gets Residential Solar to Grid Parity in Los Angeles

The savings from the group purchase are enormous. With prices are around $4.40 per Watt installed for solar, Open Neighborhoods gets residential solar for $2.00 cheaper than the average residential-scale solar prices reported by the Solar Energy Industries Association for the second quarter of 2011 . That equates to a 6 cents per kilowatt-hour savings on solar over 25 years. Even though solar power is typically cheaper in California than elsewhere in the U.S., the group purchase promises savings of as much as 33% on a residential solar array.

Full article: http://cleantechnica.com/2011/12/05/group-purchase-gets-r...

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