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Distributed Renewable Energy Operating Impacts and Valuation Study

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CALIFORNIA PV PROGRAM<br />

The following table presents the summary of installed cost for 50 kW PV systems that have<br />

received an incentive through the SGIP program. The annual average installed system cost has<br />

varied between $6,740/kWAC to $9,710/kWAC <strong>and</strong> has averaged $8,581/kWAC across all<br />

years.<br />

Table B-3<br />

Installed Costs of 50 kW AC Systems in SGIP Program<br />

Number of Installed System Cost ($/kW AC )<br />

Year Systems Average Maximum Minimum<br />

2002 1 $8,950 $8,950 $8,950<br />

2003 7 $6,740 $8,981 $4,710<br />

2004 11 $8,846 $9,740 $8,020<br />

2005 9 $8,966 $10,188 $7,856<br />

2006 13 $8,275 $15,037 $5,111<br />

2007 9 $9,710 $14,006 $8,149<br />

Figure B-4. Historical Installed Cost of 50 kWAC System in the SGIP Program<br />

CA SGIP Cost Trends<br />

System Size: 50 kW AC<br />

Installed Cost ($/kWAC)<br />

$16,000<br />

$14,000<br />

$12,000<br />

$10,000<br />

$8,000<br />

$6,000<br />

$4,000<br />

$2,000<br />

$0<br />

2002 2003 2004 2005 2006 2007<br />

Year<br />

Average<br />

Maximum<br />

Minimum<br />

The following table presents the summary of installed cost for 100 kW PV systems that have<br />

received an incentive through the SGIP program. The annual average installed system cost has<br />

varied between $7,710/kWAC to $9,511/kWAC <strong>and</strong> has averaged $8,424/kWAC across all<br />

years.<br />

<strong>Distributed</strong> <strong>Renewable</strong> <strong>Energy</strong> <strong>Operating</strong> <strong>Impacts</strong> & <strong>Valuation</strong> <strong>Study</strong> R. W. Beck, Inc. | B-9

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