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Victoria Marquez, Solar Royal LLC
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NREL Releases New Roadmap to Reducing Solar PV Soft Costs

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NREL Releases New Roadmap to Reducing Solar PV Soft Costs

The Energy Department’s (DOE) National Renewable Energy Laboratory (NREL) recently issued a new report, “Non-Hardware (‘Soft’) Cost-Reduction Roadmap for Residential and Small Commercial Solar Photovoltaics, 2013-2020,” funded by DOE’s SunShot Initiative and written by NREL and Rocky Mountain Institute (RMI). The report builds off NREL’s ongoing soft cost benchmarking analysis and charts a path to achieve soft-cost targets of $0.65/W for residential systems and $0.44/W for commercial systems by 2020.

Non-hardware costs – also referred to as soft, balance of system, or business process costs – include permitting, inspection, interconnection, overhead, installation labor, customer acquisition, and financing.

Read more here

By | 2017-01-17T16:30:58+00:00 October 16th, 2013|