Market Report

US solar PV system pricing: H2 2023

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This report covers solar PV system costs and prices in the United States across all market segments. It includes detailed breakdowns for national average system costs with various module, inverter and racking technologies across residential, commercial and utility-scale projects. The report explores key themes driving the cost across all segments and provides forecast pricing for the next ten years. The report is also published in conjunction with the release of our detailed bottom-up interactive US cost model. This Excel model provides clients with the option of viewing and comparing all-in system price across market segments from 2021-2033 with 22 system configurations. These configurations include different system capacities, modules, inverters and racking types. Enter your own system parameters in this interactive tool and compare results across multiple projects. The data accompanying the full report can be accessed via the link below.

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    US solar PV system pricing - H2 2023_PR.pdf

    PDF 1.93 MB