Work

Residential, Commercial, and Utility-Scale Photovoltaic (PV) System Prices in the United States: Current Drivers and Cost-Reduction Opportunities

Year: 2012

Type: report

Abstract: The price of photovoltaic (PV) systems in the United States (i.e., the cost to the system owner) has dropped precipitously in recent years, led by substantial reductions in global PV module prices. However, system cost reductions are not necessarily realized or realized in a timely manner by many customers. Many reasons exist for the apparent disconnects between installation costs, componentprices, and system prices; most notable is the impact of fair market value considerations on system prices. To guide policy and research and development strategy decisions, it is necessary to develop a granular perspective on the factors that underlie PV system prices and to eliminate subjective pricing parameters. This report's analysis of the overnight capital costs (cash purchase) paid for PVsystems attempts to establish an objective methodology that most closely approximates the book value of PV system assets.

Source: OSTI OAI (U.S. Department of Energy Office of Scientific and Technical Information)

DOI: 10.2172/1036048

Authors: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Alan Goodrich, Ted James, Michael Woodhouse

Institution: National Laboratory of the Rockies

Language: English

Topic: Photovoltaic Systems and Sustainability

Subfield: Renewable Energy, Sustainability and the Environment

Field: Energy

Domain: Physical Sciences

SDG: Affordable and clean energy

Open Access status: green

Funders: U.S. Department of Energy, National Renewable Energy Laboratory

OpenAlex ID: W295443030

Cites: 6

Cited by: 257

Related to: 10