Saturday, October 22, 2011

And the average price is...

The average price for a photovoltaic installation decreased by 3 percent in the second quarter to $ 5.20 per Watt, according to GTM Research and the Solar Energy Industries Association’s latest quarterly U.S. Solar Market Insight Report. As usual, talking about nation-wide avg. prices shouldn't be seen as one simple price. This number contains a lot of different costs, cumulated as one. First of all, we have to separate residential systems from commercials. Residentials have an avg. price of $ 6.42 in the secound quarter of 2011. The value chain in this business includes distributors, integrators, electrical contractors, etc.. The price drop in module prices is reduced by further additional costs, as permitting, interconnection, incentive applications, financing, and other fees that are included in the whole process. Furthermore, one mustn't forget that different states profit from different incentives, or suffer under different restrictions. While California's market is red hot already due to the states heavy strive to go yellow, the NY market is working on it, but not there yet. In Manhattan for example, system prices can go as high as $ 12, depending on administrative challenges. But anyway, to shorten this up let me finish this with good news for our customers: REW Solar USA is easily lying under the nation-wide average price for a residential installation of $ 6.42, indeed even under the total avg.price of $ 5.20 per Watt! And the challenging paperwork...taken care of...

What do you think? Looking forward to read your comments.

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