Authors: JAEGER-WALDAU Arnulf
Citation: European Energy Innovation vol. Autumn p. 14-17
Publisher: Prologue Media Ltd
Publication Year: 2013
JRC N°: JRC83767
URI: http://www.europeanenergyinnovation.eu/Portals/0/publications/EuropeanEnergyInnovation-Autumn2013.pdf
Type: Articles in periodicals and books
Abstract: Over the last decade prices for residential grid-connected PV systems have decreased by 50 to 80% depeding on the local market conditions. Electricity production from residential photovoltaic solar systems has shown that it can be cheaper as residential electricity prices in a growing number of countries, depending on the actual electricity price and the local solar radiation level. The article shows how the financing costs for a PV system and the actual electricity price determine the economics of a unsubsidised PV system.
JRC Directorate:Energy, Transport and Climate

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