8 ms·

I had a system installed last month, and the costs were about 1/3 labor, 1/3 non-solar panel hardware, and 1/3 the panels themselves. This points to limited ut

I had a system installed last month, and the costs were about 1/3 labor, 1/3 non-solar panel hardware, and 1/3 the panels themselves. This points to limited utility of further price drops on solar panels, unless the associated hardware and labor requirements drop as well.

dmitriy_ko 11y ago
That's only true for rooftop installations. For utility-scale installations (solar farms) panels is still most of the cost. Solar farms will benefit the most from further drop in panel costs.