2015 PV prices hit new lows in the US March 30, 2016Posted by Maury Markowitz in solar, Uncategorized.
Tags: grid parity, LCoE, solar power
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Most of the data on PV pricing, like the Lazard numbers I prefer, tend to focus on larger installations, especially “utility scale”. In the US this isn’t all that useful on its own, because about half of all the panels going in are on residential rooftops. So that’s why this report is so useful.
Basically the price declines in larger installs remains as breathtakingly rapid as it has been for years, including a whopping 17% in 2015 alone. But those residential numbers are looking pretty plateaued to me. So let’s see what this means.