Title :
Real BOS and system costs of off-grid PV installations in the US: 1987-2004
Author :
Hegedus, Steven ; Okubo, Nozumi
Author_Institution :
Inst. of Energy Conversion, Delaware Univ., Denmark
Abstract :
We obtained cost data on 47 off-grid and 11 grid-connected systems from Home Power magazine and Solar Energy International, ranging from 100 to 6600 W installed from 1987 to 2004. This allowed accurate analysis of installed costs ($/W, corrected to 2004$) without rebates or discounts for PV modules and balance of systems (BOS)- The BOS was separated into categories of batteries, power conditioning electronics (PCE), and "other". When normalized by system size, relative off-grid BOS costs are approximately independent of system size and comparable to PV module costs, especially for systems over 1000 W. Thus the off-grid system cost is approximately twice the module cost. Off-grid BOS and PV prices have been falling at about 0.5 $/W per year since 1990. System prices have therefore been falling at ∼1 $/W per year. Grid connected systems have much lower BOS costs. Some off-grid systems with 2 axis trackers were not cost effective for maximizing the Dec-Jan output.
Keywords :
costing; photovoltaic power systems; power system economics; 100 to 6600 W; PV module costs; balance of systems; grid-connected systems; off-grid BOS costs; off-grid PV installations; Batteries; Costs; Data analysis; Electric breakdown; Energy conversion; Government; Hardware; Power conditioning; Solar energy; Solar power generation;
Conference_Titel :
Photovoltaic Specialists Conference, 2005. Conference Record of the Thirty-first IEEE
Print_ISBN :
0-7803-8707-4
DOI :
10.1109/PVSC.2005.1488463