From Climate Wire
As solar energy equipment becomes more affordable than ever, prompting millions of home and business owners to consider generating their own electricity using solar arrays, the overall cost burden of such systems is shifting decidedly toward “soft costs.” These include financing, taxes, corporate fees, installation and other non-hardware charges, according to the Energy Department.
In two reports issued yesterday, the National Renewable Energy Laboratory stressed that soft costs now account for well over half of all spending on U.S. solar projects, with the greatest proportion of soft costs coming for residential systems, followed by small commercial systems and large commercial installations.
Related: Solar Dominates New US Generating Capacity
Report: Competitive Solar And Natural Gas To Advance Hand-In-Hand
If you’d like to discuss energy issues, contact Court Rich, director of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com
