Soft Cost Reductions are Essential for Solar Industry

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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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.