The reason
for this decline has a two-fold answer both module and soft costs are
decreasing. The module costs are generated on a
global scale as there is not one region that deals specifically with
the creation of solar panels as this has become a global market item.
Stiff competition between manufacturers has cause the price of the
actual modules to decrease by 80% in the past five years, and it will
likely continue to drop if the competition stays at its current rate.
The soft costs, or non-hardware costs
for solar have also decreased in the
last few years. These soft costs are much more associated with
exactly what state and local region that you are in because they are
dictated primary by the tax and permitting rates for the area in
which a person lives. Through more effective implementation of solar
in areas with high permitting rates, it is likely that the rates will
lower because increasing public
awareness of the need for solar energy. But as the people at
cleantechies.com say. “in the race to low cost solar, the one
certain winner is the American Energy consumer.”
For more detailed info on the change
in pricing for solar energy, please visit the link below, or if your
ready to go solar we are ready to hear from you at stealthsolar.com
or 877-997-6527.