US solar PV system pricing: 2025

The 2025 US solar PV system pricing report covers solar PV system costs and prices in the US across all market segments. It includes detailed component breakdowns for national average system costs across residential, commercial and utility-scale projects. This research can help clients understand the current policy framework and other key factors, such as technological advancements, market demand, and regulatory changes that drive our pricing forecast. This report includes a new analysis based on the phase-out of tax credits under the new One Big Beautiful Bill Act (OBBBA). Included in this report is a cost comparsion of PV systems that qualify for tax credits versus the lowest-cost equipment (which do not qualify for tax-credits). Additionally, subscribers can navigate to our new dashboard style tool: Renewable Asset Cost Model, where users can generate on-demand project cost estimates across multiple system sizes and project parameters.