A report released by Duestche Bank predicts a strong drop in US residential home solar power prices over the next several years spurring continued growth of the market. According to the report, module prices (the complete solar panel) may drop by up to 40% in the next several quarters to below $0.40 per watt.
California is currently the nation's largest market for solar power installations; it has great sun, great solar policies, relatively high conventional (non solar) electricity rates, and a vibrant solar installer eco-system. So how does a homeowner start the process of finding the right system and the "best" deal for their particular situation?
Solar Power in America has gained wide acceptance over the last few years as prices have dropped and solar panel installation has greatly increased. Nine out of Ten Americans (89%) support solar power, regardless of political affiliation, according to a new report. Energy costs and environmental concerns rank highest on the list of reasons for such unprecedented support.