[RE-wrenches] NY Times: 25% price reduction on PV

jay peltz jay at asis.com
Wed Feb 4 07:53:02 PST 2009


Hi Drake,

This is where the German model of guaranteed low interest loans for PV  
systems would be a great way to create jobs + all the rest.
Because as you point out, since putting your money in the bank for  
such low returns, you'd get much better with producing your own power

Does anyone know of any PV funding that would work for the small guys  
in the new Stimulus bill?

jay
peltz power


On Feb 4, 2009, at 7:49 AM, Drake Chamberlin wrote:

> The Wrench list should be in good a position to evaluate whether or  
> not green technology is heading down the tubes.   It seems hopeful  
> for another good year, from my perspective.  Can anyone confirm or  
> deny this?  Has the bottom fallen out in your area?
>
> Maybe wind farms and other concerns, requiring huge capital outlays,  
> will have a hard time with the current credit situation, but will  
> that deeply effect the more modest projects?
>
> If module prices have indeed dropped 25%, that should indeed lower  
> the costs of systems.  Even if modules are only 60% of the cost, a  
> 25% reduction in 60% of the price is significant, still a 15%  
> decrease in system costs.  That, with rebates and other incentives,  
> should add up to an easier to swallow price tag.
>
> With money in the bank gaining minuscule interest, and inflation  
> eating up savings, spending money can make sense.  Buy a PV or hot  
> water system, and savings are again working by producing ever more  
> expensive energy.  Leave it in the bank, and watch its value  
> deteriorate.
>
> Maybe I'm deep in that river in Egypt (De Nile), but I'm hoping we  
> are still on the upswing.
>
>
>
> At 09:41 AM 2/4/2009, you wrote:
>> Take notice: Today's NY Times quotes Rhone Resch of SEIA as saying  
>> "The price of solar panels has fallen by 25 percent in six months."
>> http://www.nytimes.com/2009/02/04/business/04windsolar.html
>>
>> What kind of $/W are people getting these days?
>>
>>
>> --
>>
>>
>> Nicholas Ponzio
>> Building Energy
>> 1570 South Brownell Road
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>>
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>>
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>>
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>
> Drake Chamberlin
> Athens Electric
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