Featured in Latin Sol-utions – 11-2013

PV system prices reach new lows

System prices: Average system prices fell across all segments: residential, non-residential, and utility. Cory Honeyman and Mike Munsell from GTM Research elaborate on the downward trend in PV system prices.

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pv magazine

01 Nov 2013

Since GTM Research’s last quarterly update in pv magazine in May, the national average price for PV systems has declined by 9.3%, falling from $3.36/W to $3.05/W, while dropping 11.1% from $3.43/W one year ago. This capacity-weighted number is heavily impacted by the volume of utility-scale solar installed in a given quarter. Since utility-scale PV …

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