PV systems pricing dropping in 2023

**nerdralph** · 12-20-2023, 04:55 PM

Prices continue to drop.

P-type PERC solar modules now selling in Europe for €0.10/W to €0.115/W

https://www.pv-magazine.com/2023/12/19/p-type-perc-solar-modules-now-selling-in-europe-for-e0-10-w-to-e0-115-w/

Prices for p-type PERC solar panels could cross the €0.10 ($0.1093)/W threshold in the first quarter of 2024, says Leen van Bellen, business development manager Europe for Search4Solar, a Dutch purchasing platform for PV products. He told pv magazine that European stocks are expected to shrink, and that prices should recover in the middle of the second quarter of 2024.

I'm now able to buy Q-cells 480W panels in small quantities (less than a full pallet) for $144. Canadian pesos that is, as some of you Merkans like to say...

For 9-10kW systems I'm now quoting around $1.50/W installed.

**SunEagle** · 12-21-2023, 04:39 PM

Originally posted by nerdralph

Prices continue to drop.

P-type PERC solar modules now selling in Europe for €0.10/W to €0.115/W

https://www.pv-magazine.com/2023/12/19/p-type-perc-solar-modules-now-selling-in-europe-for-e0-10-w-to-e0-115-w/

Prices for p-type PERC solar panels could cross the €0.10 ($0.1093)/W threshold in the first quarter of 2024, says Leen van Bellen, business development manager Europe for Search4Solar, a Dutch purchasing platform for PV products. He told pv magazine that European stocks are expected to shrink, and that prices should recover in the middle of the second quarter of 2024.

I'm now able to buy Q-cells 480W panels in small quantities (less than a full pallet) for $144. Canadian pesos that is, as some of you Merkans like to say...

For 9-10kW systems I'm now quoting around $1.50/W installed.

Great so when are you coming to Florida for my install? LOL

**bcroe** · 12-21-2023, 07:36 PM

Originally posted by nerdralph

. For 9-10kW systems I'm now quoting around $1.50/W installed.

For the bare bones roof mount, I presume. My DIY ground mount cost
more than the panels on it. Bruce Roe

**J.P.M.** · 12-21-2023, 11:41 PM

Originally posted by bcroe

For the bare bones roof mount, I presume. My DIY ground mount cost
more than the panels on it. Bruce Roe

Yea Bruce, but don't forget to tell the uninitiated that you have the only residential array that possibly can be seen from low earth orbit.

Former poster Sensij did a DIY roof mount with quality materials (as I seem to remember) for about $1.09/installed STC W with all the bells and whistles including monitoring and a Davis Pro II Plus weather station.

**DanS26** · 12-22-2023, 06:39 PM

This was my experience with panel cost from 2011 to 2017.......

Purchased Panel Cost	Mfg.	Cost per Panel	Cost per Watt	Year Purchased	% Change	Overall Decline
Blue Array 235 watt panels	Kyocera	$ 393.32	$ 1.6737	2011	-
Black Array 245 watt panels	Kyocera	$ 281.75	$ 1.1500	2013	-31.29%
Shoulder Array 245 watt panels	Trina	$ 125.00	$ 0.5102	2017	-55.63%	-69.52%

**SunEagle** · 12-23-2023, 12:17 AM

Originally posted by DanS26

This was my experience with panel cost from 2011 to 2017.......

Purchased Panel Cost	Mfg.	Cost per Panel	Cost per Watt	Year Purchased	% Change	Overall Decline
Blue Array 235 watt panels	Kyocera	$ 393.32	$ 1.6737	2011	-
Black Array 245 watt panels	Kyocera	$ 281.75	$ 1.1500	2013	-31.29%
Shoulder Array 245 watt panels	Trina	$ 125.00	$ 0.5102	2017	-55.63%	-69.52%

Hopefully you didn't purchase panels back in 2011. I can see the hardware prices are coming down. But unless I plan on a DIY (and at 70 that won't happen) I am still seeing the labor costs go up.

**DanS26** · 12-23-2023, 11:23 AM

Well yeah...I purchased 36 panels in 2011, then another 36 panels in 2013 and then the final batch of 24 panels in 2017.

I have to over produce since I only get wholesale value for production sent onto the grid. If I had to pay somebody to erect my system I would never have seen a positive return.

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PV systems pricing dropping in 2023

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