4 FAQs about Solar system design price standards

What are solar energy cost benchmarks?

These benchmarks help measure progress toward goals for reducing solar electricity costs and guide SETO research and development programs. Read more to find out how these cost benchmarks are modeled and download the data and cost modeling program below.

Who are the authors of solar energy cost benchmarks Q1 2023?

Ramasamy, Vignesh, Jarett Zuboy, Michael Woodhouse, Eric O'Shaughnessy, David Feldman, Jal Desai, Andy Walker, Robert Margolis, and Paul Basore. 2023. U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks, With Minimum Sustainable Price Analysis: Q1 2023. Golden, CO: National Renewable Energy Laboratory.

What are the ASTM standards for solar energy conversion?

The PV standard developed by ASTM technical committee is E44.09 Photovoltaic electric power conversion . The ASTM standards related to PV technology is shown in Table1. Table 1. ASTM standards for PV installations. Related to solar energy conversion- addresses the solar energy conversion into other forms of energy by various means.

How much does a PV system cost?

Our operations and maintenance (O&M) analysis breaks costs into various categories and provides total annualized O&M costs. The MSP results for PV systems (in units of 2022 real USD/kWdc/yr) are $28.78 (residential), $39.83 (community solar), and $16.12 (utility-scale).

View/Download Solar system design price standards [PDF]

PDF version includes complete article with source references. Suitable for printing and offline reading.

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