Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Residential Solar Power: Non-Subsidized Price Parity Within 10 Years
Mar 13, 2012
 Printable format
 Email this Article
 Search

Unsubsidized solar photovoltaic (PV) systems for the home will be cost-competitive at the residential level in 13 U.S. states within 10 years - far sooner than many industry watchers and critics had expected, according to a forecast from Clean Edge, Inc.

The 13 states are: Alaska, California, Connecticut, Delaware, Hawaii, Maine, Maryland, Massachusetts, New Hampshire, New Mexico, New York, Rhode Island, and Vermont.

Solar systems have becoming increasingly cost competitive, with the global average system price per watt in 2011 at just half the average in 2007. The firm expects a large increase in providers, including solar installers/financiers of residential, commercial, and industrial installations.

In fact, the firm said, the solar cells, mostly manufactured from silicon, are showing economies of scale similar to those in earlier high-tech products like personal computers and cell phones. Complete systems were being installed in 2011 at a global average of $3.47 a peak watt, or 14 to 23 cents per kWh (compared to 2007 when the cost was $7.20 a peak watt, or 28 to 47 cents per kWh).

The firm forecasts the cost will drop by 2021 to $1.28 a peak watt, or 5 to 10 cents per kWh.

The increasingly cost-competitive nature of the industry is, in fact, making it tough for high-cost providers (such as the ill-fated Solyndra) to survive in the industry.

Back to Daily News

 

Daily News

...........................................................

Jul 25, 2014: Whirlpool Refrigerator is First Commercial Application of Polyurethane Insulation Using HFO Blowing Agent

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows