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Arizona PV Price Survey       

Even as the new federal incentives, regional action, and the new Renewable Energy Standard and Tariff in Arizona combine to create a healthy increase in demand for solar product, one thing has kept the industry from soaring in the past year: polysilicon. Polysilicon, the main ingredient used to create most solar electric panels (and semiconductors), is in short supply.  Because silicon accounts for more than 30 percent of the raw-material costs for solar cells the shortage has lead to a big problem for solar businesses.  The implications have been higher prices. Production is not expected to catch up to demand until 2008 at the earliest and 2010 at the latest. 

But the rise in prices for solar modules is being offset by lower costs for components and increased government incentives.   Costs for inverters and balance of systems are falling.  Additionally, global policy spending on solar is expected to increase from $2.3 billion in 2006 to more than $16 billion in 2010. 

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 Arizona Average Price Per Watt

 


AUGUST
2008
 


JULY
2008


AUGUST
2007

Mono-crystaline

  $5.67/w

$5.82/w

$5.99/w

Poly-crystaline

$5.35/w

$5.46/w

$5.43/w

                                                        

RENEWABLE ENERGY NEWS
Pacific Gas Deal will Nearly Double USA's Solar Power
[USA TODAY WEB SITE, Aug. 18]
California’s Game-Changing Solar Deal
[Money.com, Aug. 14]
DOE to Invest up to $24 Million for Breakthrough Solar Energy Products
[U.S. Dept. of Energy web site, Aug. 12]



PHOTOVOLTAIC PRICE PER WATT SURVEY

PRE-INCENTIVE PRICES FOR TURN-KEY SYSTEMS

Date

Mono

Poly

Thin-film

1 kW STC

2 kW STC

3 kW STC

4 kW STC

5 kW STC

10 kW STC

Aug-08

5.67

5.35

6.50

11,391

19,091

26,596

28,310

34,187

67,637

Jul-08

5.82

5.46

6.63

12,300

18,859

26,596

28,310

34,187

67,637

Jun-08

5.70

5.43

6.18

12,337

18,716

25,930

28,310

34,187

67,637

May-08

5.70

5.44

6.18

12,337

18,268

25,402

27,246

33,218

68,196

Apr-08

5.75

5.51

6.18

12,269

18,200

25,402

27,246

33,218

68,196

Mar-08

5.75  

5.51

6.18

12,269

18,200

25,402

27,246   

33,218

68,196

Feb-08

5.43

5.46

6.30

11,000

19,870

22,053

27,246

33,218

68,196

Jan-08

5.43