GTM Research reports Solar PV Prices Will Fall Below $1 per Watt by 2020

The U.S. solar market is no stranger to PV price declines, and GTM Research expects that trend to continue. Driven largely by reductions in soft costs, pricing for residential, commercial and utility PV will fall by an additional 30, 25 and 20 percent, respectively.

U.S. PV System Pricing $/Wdc (2015 & H1 2016)

This new report breaks down U.S. residential, commercial and ground-mount PV pricing across 11 distinct hard and soft cost categories. Furthermore, it identifies areas for cost reductions and details how utility-scale PV will meet the SunShot target of $1.00 per watt by 2020.
image

Cost categories tracked and forecasted:
Solar PV Prices Will Fall Below $1 per Watt by 2020″]image

This GTM report focuses on:
Module
EBOS
Labor
Permitting & Interconnection
Taxes
Overhead + Margin
Inverter
SBOS
Design &
Engineering
Supply Chain, Logistics & Misc.Origination

Written by greenlivingguy

The Green Living Guy, Seth Leitman is a green living expert, celebrity and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author, Radio Host, Reporter, Writer and a Environmental Consultant on green living. The Green Living Guy writes about green living, green lighting, the green guru guides and more. Seth's books range from: # Build Your Own Electric Vehicle by Bob Brant and Seth Leitman (2nd and 3rd editions) # Build Your Own Plug-in Hybrid Electric Vehicle by Seth Leitman # Build Your Own Electric Motorcycle by Carl Vogel # Green Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky # Solar Power For Your Home by David Findley # Renewable Energies For Your Home by Russel Gehrke # Do-it-Yourself Home Energy Audits by David Findley # Build Your Own Small Wind Power System by Brian Clark Howard and Kevin Shea # and more green living books to follow.