US Solar Photovoltaic System Cost Benchmarks – Analysis and Trends in 2017

The installed cost of solar power fell to record lows in the first quarter of 2017 because of the continuing decline in both hardware and “soft” costs, according to an analysis by the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL).  NREL has produced annual benchmarks since 2010.

Join MDCRES for a presentation by Ran Fu, a researcher at NREL’s Strategic Energy Analysis Center and the lead author of the recent report “The U.S. Solar Photovoltaic System Cost Benchmark: Q1 2017.”

Ran will discuss the drivers for the cost decline of solar PV systems, including residential, commercial, and utility-scale applications.  NREL’s bottom-up cost modeling provides a high degree of resolution so that the results can be used to evaluate investment opportunities across many regions, including Colorado.

In addition to introducing the 2017 benchmark work, the presentation will discuss future opportunities for PV cost reduction and show the audience how to use NREL tools to evaluate their own investments in solar energy.

See more information about Ran’s work here:

The meeting format will be as follows: 

6:30-7:00 pm – Networking and Happy Hour at Serendipity Bar (in lobby)

7:00-7:10 pm – Announcements

7:10-8:00 pm – Presentation and Q&A 

8:00-8:30 pm – Wrap up and networking 

This meeting is free for CRES members ($30 introductory membership), with a $10 suggested donation from non-members

Parking information: In addition to your standard downtown Denver options, parking is offered at the Alliance Center. Parking is $3 per hour and $12 for a full day. To use the lot, please download the Pay By Phone app or create an account at Our location number is 3563.