Hot Hot Heat: U.S. Solar Costs Going Down
According to a new study conducted by the Lawrence Berkeley National Laboratory, The average installed costs for photovoltaic cells (in real 2007 dollars) went down from $10.50-per-watt in 1998, to $7.60-per-watt in 2007.
What’s most amazing about this report is that it appears to validate a whole slew of state and local solar initiatives. The researchers found that—despite the many, many reported advances to solar cell efficiency—most of the savings during this nine year period came from reductions to installation and external hardware costs.
