Solar Market and Cost Analysis
System Price ($/kWdc)
$8,000
$7,000
$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
Residential U.S. PV+Storage Pricing
Bars represent the median, with error bars
representing the 80th and 20th percentiles.
CA
■AZ
■MA
•
In 2022 YTD, residential PV+storage system
prices in Arizona, California, and
Massachusetts varied between states and
internally.
-
Prices may vary due to differences in storage
power and capacity, permitting and
interconnection differences, local competitive
factors, and installer experience.
Compared with full median 2021 values,
prices (in dollars per kWdc of PV capacity)
increased in 2022 YTD in Arizona (7%),
California (3%), and Massachusetts (21%).
$0
2018
2019
2020
2021
2022
2022 YTD residential PV+storage sample, after data cleaning (MW): Arizona (13), California (179), Massachusetts (9)
Sources: Arizona Goes Solar (1/17/23); California Distributed Generation (11/30/22); Massachusetts Lists of Qualified Generation Units (1/11/23).
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