Tuesday, March 3, 2009

Cost Of Installed Solar Photovoltaic Systems Drops Significantly Over The Last Decade

 A new study on the installed costs of solar photovoltaic (PV) power systems in the U.S. shows that the average cost of these systems declined significantly from 1998 to 2007, but remained relatively flat during the last two years of this period. (Credit: Image courtesy of DOE/Lawrence Berkeley National Laboratory)

Researchers report that records from a decade's worth of solar power installations indicate that overall costs have declined significantly because of decreases in associated expenses such as labor and overhead -- most likely because of federal, state, and local support for solar photovoltaic systems.

Cost Of Installed Solar Photovoltaic Systems Drops Significantly Over The Last Decade

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