German Solar PV In January — €1.52/Watt
Reposted from Solar Love:
German solar PV power prices continue to fall. According to the latest data, the price of solar power for solar power plants with up to 100 kW of capacity has dropped to €1.52 per watt (or $2.03 per watt). Here’s a chart on solar’s long price drop in Germany, via a German PV website:
And below’s a German PV price history from the site, followed by information on the source of the data:
Photovoltaic Price History:
Month | PV Price |
January 2009 | € 4,110 |
February 2009 | € 3,930 |
March 2009 | € 3,820 |
April 2009 | € 3,740 |
May 2009 | € 3,500 |
June 2009 | € 3,500 |
July 2009 | € 3,390 |
August 2009 | € 3,230 |
September 2009 | € 3,110 |
October 2009 | € 3,050 |
November 2009 | € 2,950 |
December 2009 | € 3,060 |
January 2010 | € 3,040 |
February 2010 | € 2,970 |
March 2010 | € 3,030 |
April 2010 | € 2,930 |
May 2010 | € 2,890 |
June 2010 | € 2,840 |
July 2010 | € 2,580 |
August 2010 | € 2,610 |
September 2010 | € 2,540 |
October 2010 | € 2,500 |
November 2010 | € 2,510 |
December 2010 | € 2,470 |
January 2011 | € 2,480 |
February 2011 | € 2,390 |
March 2011 | € 2,350 |
April 2011 | € 2,390 |
May 2011 | € 2,370 |
June 2011 | € 2,300 |
July 2011 | € 2,210 |
August 2011 | € 2,170 |
September 2011 | € 2,120 |
October 2011 | € 2,090 |
November 2011 | € 1,960 |
December 2011 | € 1,950 |
January 2012 | € 1,990 |
February 2012 | € 1,960 |
March 2012 | € 1,990 |
April 2012 | € 1,900 |
May 2012 | € 1,870 |
June 2012 | € 1,740 |
July 2012 | € 1,720 |
August 2012 | € 1,630 |
September 2012 | € 1,610 |
October 2012 | € 1,600 |
November 2012 | € 1,570 |
December 2012 | € 1,590 |
January 2013 | € 1,520 |
Since 2009, we identified on the basis of our online survey the current prices of turnkey photovoltaic systems up to 100 kWp. Explore the development of asset prices over the last five years.
Up to 300 solar power system operators take part in our monthly poll. The prices are based solely on the information of our subjects / participants. When the prices are net prices (Euro / kWp) for turnkey solar systems up to 100 kWp. We take no responsibility for the accuracy of this data. Errors and omissions excepted.
Have your say in our online survey “Prices of solar power systems in Germany” part and assist you with your participation in the Photovoltaic Price Index.
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1520 euro/kWp with 900 kWh/kWp per year and electricity price of 25 eurocents/kWh means that the system will pay back in less than 7 years if it is built for self-consumption. Of course if electricity price stays at 25 eurocents/kWh in the next 7 years.
http://bit.ly/LrRWPW
A “less than 7 years” payback is a better than 10% return on investment.
Just try to find a relatively safe place to invest your money at 10%. (And please let me know if you do. lo)
However, 100% self-consumption is usually not possible (without batteries or a relatively small PV-system compared to the average electricity consumption) and Germany just doesn’t offer net-metering.
True. But once people realize how much money they loose by selling their electricity cheap under FIT contracts and later having to buy at [double] price including VAT, etc a demand for home grid storage will emerge.
Definitely see it coming. Major companies are coming out with energy storage options for such people. If the price is competitive enough, this could start quite a shift.
But I see one problem. Altmaier saw it too 🙂 From his proposals several weeks ago:
The “eroding solidarity” with regard to the EEG surcharge due to self-production and self-consumption shall be stopped
The more electricity the end users self-consume the less they buy from the grid and as a result less and less money are collected from the EEG surcharge and VAT. (Germany charges the EEG surcharge with VAT too – “Private Households Pay EUR 937 Million in VAT on EEG Surcharge” [ in 2012 ] )
It will be interesting to see how they are going to handle this.
Altmaier has plenty of critics. 😉
“Look Dear! Our rooftop solar saved us 20 euros this week! Now let’s burn a 20 euro note, as the government would just get filthy VAT money from us if we spent the money we saved on something useful.”
They will get their VAT from EEG surcharge one way or another because the renewable electricity has to be brought from renewabes and payed by EEG surcharge.
Here’s an example of a 5 kW PV-System with everything included for €1.22 /W:
http://www.photovoltaikforum.com/angebote-f41/94369-5kwp-1220eur-et-solar-t88095.html