It’s likely the cost of switching to rooftop solar might be nearing its lowest possible point the market will allow according to a recent report from the Lawrence Berkeley National Laboratory (LBNL).
The LBNL’s Tracking The Sun IX report illustrates that the the costs of home solar installations declined again in 2015, though not as dramatically in years past.
While the soft cost of solar installation has been quickly decreasing, performance based incentives such as state utility rebates and net metering programs are on a trend to becoming less generous.
The good news is that while many of the revised government incentive programs across America are still being discussed, quick actors are still able to slide into the programs before their windows close. Such people will reap the dual benefits of PV technology with better efficiency and at lower costs than in years past, compounded with the offsets from the state and federal government.