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Lowering the Cost of Solar PV: Soft Costs with Hard Challenges (Part 1)

Why does Germany, a country with the same amount of sun on a yearly basis as Alaska, have residential solar costs half that of the U.S.? Why have solar panel prices dropped significantly while whole-system cost has remained relatively high? For Dan Seif, principal with Rocky Mountain Institute’s electricity and industrial practices, and Jesse Morris, Senior Associate for electricity and transportation practices at Rocky Mountain Institute, the answer lies in the soft costs of solar PV—all the non-hardware-related costs of installing a solar PV system.

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German Market Evolution

Since a few years, self-consuming solar systems are on the rise. Jesse Morris, a senior associate of Rocky Mountain Institute, takes Germany as an example and looks at the possible implications for the U.S.

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