Wednesday, August 22, 2012

Solar installation costs continue to fall in Germany

Prices appear to be headed lower still. Here's an amazingly low 1469 Euro/kW price quote for an 11.03 kW system. With the exchange rate running at 1.25 USD/Euro that works out to 1840 USD/kW. One other interesting tidbit about this system is that is has a LCOE of under .10 Euro/kWh.

A small part of me thinks these prices are too good to be true. Hopefully a healthy market is driving these low prices rather than desperation selling.

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