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Tracking the Sun VIII


Lawrence Berkeley National Laboratory (LBNL) released Tracking the Sun VIII, the Department of Energy’s report on the price of grid-connected solar photovoltaic systems. Data points were collected from 400,000 individual PV systems or 81% of all U.S. PV capacity installed through 2014. 

Key findings include:

  • National median installed prices declined year over year by
    • $.4/W (9%) for residential systems
    • $.4/W (10%) for non-residential systems less than or equal to 500kW
    • $.7/W (21%) for non-residential systems > 500 kW
  • Price declines due to reductions in soft costs or non-module costs like marketing and customer acquisition, system design, installation labor, permitting and inspection costs.
  • Further reductions in soft costs are possible since there is variability across the U.S. for system pricing. 

See the full report to learn more!

Tracking the Sun VIII.pdf

Resource Type
Lawrence Berkeley National Laboratory

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