Soft Cost Reductions are Essential for Solar Industry

January 14, 2014

What can be done to accelerate adoption of solar in the U.S.? In a recent opinion piece, Jake Rozmaryn, CEO and Founder of Eco Branding, says it has to do with the soft costs, which he believes inflate the installation price tremendously.

 

"According to the most recent National Renewal Energy Laboratory (NREL) studies, hardware costs are decreasing, while soft costs are continuing to grow. Soft costs now account for 64% of residential, 52% of small commercial and 57% of large commercial solar installation costs."

 

Soft costs can include labor, acquisition, management, accounting, permitting, inspection, and system design. Finding a company that can do all of these things in one may help with costs.

 

Read more at Renewable Energy World.

 

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