Abstract
This report benchmarks U.S. solar photovoltaic (PV) system installed costs as of the first quarter of 2020 (Q1 2020). We use a bottom-up method, accounting for all system and project-development costs incurred during the installation to model the costs for residential (with and without storage), commercial (with and without storage), and utility-scale systems (with and without storage). We also incorporate other system characteristics and performance factors, as well as ongoing costs, to benchmark LCOE for PV-standalone systems, and LCOSS for solar+storage.
| Original language | American English |
|---|---|
| Number of pages | 120 |
| State | Published - 2021 |
NREL Publication Number
- NREL/TP-6A20-77324
Keywords
- battery
- benchmark
- cost
- LCOE
- LCOSS
- levelized cost of energy
- levelized cost of storage
- photovoltaic
- price
- PV
- storage
- system
