Tracking the Sun 10: The Installed Price of Residential and Non-Residential Photovoltaic Systems in the United States

Barbose, Galen; Darghouth, Naïm; Millstein, Dev; LaCommare, Kristina Hamachi; DiSanti, Nicholas; Widiss, Rebecca

doi:10.2172/1398517

Cited by 39 publications

(47 citation statements)

References 7 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The study data are from the Lawrence Berkeley National Laboratory's Tracking the Sun (TTS) dataset. Tracking the Sun comprises installed PV system data from about 80% of the US market collected from more than 60 PV incentive and interconnection programs . To limit the study to residential PV systems, observations that self‐reported as nonresidential, as well as observations with system sizes larger than 15 kW, were dropped.…”

Section: Methodsmentioning

confidence: 99%

“…Falling prices can drive market concentration in emerging industries, as some firms become unprofitable as prices fall and cede market share to more efficient firms . Median installed prices for residential PV systems declined from $11.9/W in 2000 to $4.0/W in 2016 . The effects of falling prices on market concentration may be an area for future research.…”

Section: Role Of Customer Financing In the Evolving Pv Market Structurementioning

confidence: 99%

“…33 Median installed prices for residential PV systems declined from $11.9/W in 2000 to $4.0/W in 2016. 19 The effects of falling prices on market concentration may be an area for future research. Mergers and acquisitions can also drive market concentration, given that the market shares of multiple firms are combined into the market share of a single firm in the event of a merger.…”

Section: Analysis: Relationship Between Market Structure and Custommentioning

confidence: 99%

See 2 more Smart Citations

Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry

O’Shaughnessy

2018

Progress in Photovoltaics

View full text Add to dashboard Cite

The US residential solar photovoltaic (PV) installation grew from fewer than 100 firms in 2000 to about 3000 firms by 2016. The rapid expansion of this emerging industry prompts questions about the installation industry's market structure, such as how market shares are distributed among installers and how interinstaller competition affects PV deployment. This article leverages a rich dataset to describe trends in the evolution of the US residential PV installation industry. The data show that most residential PV installers are relatively small companies, with about half of installers installing fewer than 5 systems. At the same time, a subset of high‐volume installers have accumulated market share, especially from 2010 to 2016. Causes of this recent market concentration are explored, with an emphasis on the role of the emergence of alternative customer financing options in the United States.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Role Of Customer Financing In the Evolving Pv Market Structurementioning

confidence: 99%

Section: Analysis: Relationship Between Market Structure and Custommentioning

confidence: 99%

See 1 more Smart Citation

Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry

O’Shaughnessy

2018

Progress in Photovoltaics

View full text Add to dashboard Cite

show abstract

“…But, with government subsidies even this gap can be filled. A recent report published by Lawrence Berkeley National Laboratory (LBNL), analysed that the total installed prices have dropped by 5% for rooftop residential solar systems and 12% for larger utility-scale solar farms compared to 2015, bringing current total installed prices in between $2.6-$5/watt, for both utility scale plant and rooftops solar installation [13,14] . But, trend in the price of solar power purchase agreements (PPAs), meaning the price paid for long-term contracts for the bulk purchase of solar electricity, reflects fall in prices below $50 per MWh (or 5 cents per KWh) in 4 of the 5 regions analysed (14).…”

Section: Decreasing Costmentioning

confidence: 99%

Current trends in solar photovoltaic and zero emission vehicle growth and its impact in Climate Change Mitigation

2017

IJASRE

View full text Add to dashboard Cite

Recently concluded Paris Conference 2015 notes that, even after complying by pollution reduction commitments by various nations, estimated greenhouse gas (GHG) emissions in 2025 and 2030 will reach 55 Giga tons of carbon emissions, and will not reduce the global average temperature rise to below 2˚C above pre-industrial levels. The Intergovernmental Panel on Climate Change (IPCC) predicts that if greenhouse gas (GHG) emission levels continue to rise, future changes are likely to be even more extreme, with millions of people displaced by rising sea levels and global food supplies under threat. The only possible recovery from this imminent danger appears to be in the form of global cooperation in mitigating climate change at a pace unprecedented in modern history. Adoption of Paris Agreement 2015 will not be beneficial, unless, reduction in energy demands in the form of fossil fuel as well as resources consumption by people around the world and other mitigating measures are employed at mass scale, the most important being one switching to cleaner energy. According to IPCC report (2014) electricity generation and transportation together contributes 39% of global greenhouse gas emission. A very promising way to achieve this daunting task of reduction in GHG emission is by switching to cleaner sources of energy such as solar photovoltaic and fuel cells away from fossil fuel based electricity production and transportation. Recent data suggest that contribution of solar energy has already crossed 1.5% of global electricity demand and it is the fastest growing energy market in China which is the second largest GHG emitter in the world. Whereas, fuel cells possess the capacity of becoming the future power house. The present paper intends to illustrate and discuss current as well as future prospects of these sources of clean energy, their contribution in mitigation of climate change and imminent danger of unchecked climate change.

show abstract

“…Additionally, their low summer electricity consumption profiles and locations in residential communities could make them decent candidates for community solar projects [14]. The decreasing installation costs of solar PV may also make these projects potentially economical [15].…”

Section: Introductionmentioning

confidence: 99%

Solar PV as a mitigation strategy for the US education sector

Hanus

Wong‐Parodi

Vaishnav

et al. 2019

Environ. Res. Lett.

View full text Add to dashboard Cite

Solar photovoltaic (PV) is an important strategy to de-carbonize the energy sector in the United States and to reduce the health, environmental, and climate change damages associated with the production of electricity from fossil fuel sources. While the potential for solar PV in the residential and commercial sectors has been widely studied, the potential in educational buildings is largely unknown. Educational institutions account for 11% of total US building electricity consumption and 14% of building floorspace. These buildings also contribute to approximately 4% of total US CO 2 emissions, thus playing a potentially important role in climate mitigation strategies. We estimate the electricity use for 132k educational institutions across the US and estimate electricity generation, greenhouse gas and health damaging air emissions reductions, and private and social costs and benefits that would result from adopting rooftop solar PV. We find that solar PV in US educational institutions could provide 100 TWh of electricity services annually, meeting 75% of these buildings' current electricity consumption. We estimate the highest generation potential in Texas, California, and Florida with K-12 public educational institutions comprising the bulk of that generation. The provision of electricity services from rooftop solar PV on educational institutions could reduce health, environmental, and climate change damages by roughly $4 billion per year (assuming a social cost of carbon of $40/ton and value of statistical life of $10M in 2018 USD). Two key findings from this study are that: (i) the private costs of solar for educational institutions still exceed the private benefits from reduced electricity consumption across the entire country (unless a third party operation model is used, in which case some locations can have net-benefits), and (ii) with the exceptions of California and New York, the social health, environmental and climate change benefits exceed the levels of current incentives provided by the state and retail subsidies.

show abstract

Tracking the Sun 10: The Installed Price of Residential and Non-Residential Photovoltaic Systems in the United States

Cited by 39 publications

References 7 publications

Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry

Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry

Current trends in solar photovoltaic and zero emission vehicle growth and its impact in Climate Change Mitigation

Solar PV as a mitigation strategy for the US education sector

Contact Info

Product

Resources

About