Why Solar Power is Getting Cheaper
1) Solar modules are getting more efficient. "This doesn't necessarily make the modules themselves cheaper," Kann says. "But as modules get more efficient, you can get the same amount of power in a smaller area of your roof, which makes it easier to install, you need less racking and wiring, and it saves money on balance-of-systems costs.
2) System manufacturers are facing pressure to cut costs. Again, back in 2008 to 2012, panel manufacturers faced a lot of competition and pressure to cut costs. Nowadays, that same pressure applies to the people making other parts of solar systems — the racking, for instance.
3) Economies of scale. Historically, the residential solar market consisted of thousands of small local installers who had high costs for finding new customers. But nowadays, the rooftop solar industry is dominated by some large companies — particularly SolarCity and Vivint, who had half the rooftop market in the second quarter of 2014. "So as the big guys gain more scale," Kann says, "you see some savings out of that."
Read more
CBS Studios Solar Parking & Roof is Very Impressive
CBS Studios Solar Parking Lot & Roof
Solar parking lots typically involve installing solar panels on canopies or structures built over parking areas, allowing the panels to generate clean energy while providing shade and protection for parked vehicles. Solar roof installations involve placing solar panels on the rooftops of buildings to harness solar energy.
Topics
AI
Analytics
Apple
Architecture
Arizona
Asia
Australia
Batteries
Bechtel
Bright Source
Building
Business
California
Canada
Canal
Carbon
CCA
Charging Stations
China
Cleaning
Coal
Colorado
Commercial
Cost
Crowdsourcing
Data
Disney
Duke
electric bills
Electric Cars
Envision
Europe
Finance
Fire
Floating
Florida
France
Gas
Germany
Google
Government
Grants
Greenhouse
Hawaii
Heat Map
History
Home
How To
Hyro
Idaho
India
Industrial
Installation
Insurance
Inventor
Italy
Japan
Las Vegas
LED
Lidar
Maintenance
Manufacturing
Map
Massachusetts
Mexico
Mobile App
Money
Moon
NBA
Nebraska
net metering
Netherlands
Nevada
New Jersey
NFL
North Carolina
North Dakota
NREL
NRG
Office
Oil & Gas
Panels
Philippines
Powerwall
PPA
Prologis
PV
Real Estate
Regulation
Renewables
Residential
ROI
San Diego
Satellite
savings
Schools
Services
Solar
Solar City
Solar Farm
Solar Glass
Solar Map
Solar Panels
Solar Parking
Solar Roads
Solar Roof
South Korea
Spain
Stadium
Statistics
Storage
Street Lights
Subsidy
Sun Roof
Taiwan
Target
Tax
Technology
Tesla
Texas
Thailand
Thermal
UK
United States
Utility
Video
Visualization
Walmart
Water
Wind