U.S. residential solar prices hovering near all-time low
- Admin
- Sep 19, 2024
- 2 min read
Prices for residential solar installations are at an all-time low in the U.S. EnergySage reports that average prices are $2.69 per watt for the first half of 2024, declining 4% from the previous half. The company operates a Solar Calculator to assist solar shoppers. EnergySage notes increasing selection of battery energy storage in solar projects, with storage attachment rates tripling year over year to 34% in 2024. The report attributes recent price drops to steady supply, cooling demand due to policy changes like California’s net billing tariff, and high interest rates.
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