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Thursday, April 30, 2009

Rooftop Solar System Prices Fall as Supply Grows

Solar panel prices are tumbling. Prices for rooftop solar systems, including installation, are expected to drop another 15% to 20% this year. Fueling the trend is an oversupply of worldwide manufacturing capacity and lower demand.

In the United States, effective prices are likely to be lower by more than 50% after figuring in a bigger federal tax credit that took effect January 1, 2009.

In California, which accounts for nearly 70% of the U.S. solar market, a typical 4-kilowatt, $32,000 solar energy system cost about $23,000 last year after state and federal incentives. This year, that same system is likely to cost $10,000 to $12,000.

6:38 pm pdt 

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"Carpe diem" (Horace, Rome 65 BC - 8 BC)
Santorini, Greece
"Life is an adventure"

Climbing to 11,500' elevation Meysan Lake
Climbing to 11,500' elevation "Meysan Lake"
Camp Lake at 11,200 feet elevation
"Camp Lake" at 11,200 feet elevation
Setting up camp at "Camp Lake"
Setting up camp at "Camp Lake"
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