menu

Submission

introduction
title
Soft costs of photovoltaic solar
short description
Challenge: Find ways to reduce the non-capital costs associated with building out solar PV infrastructure
Eligibility
Full Description
Problem statement: The high initial cost associated with installing PV solar systems is an inhibitor to greater market adoption. A major portion of this initial cost consists of soft costs, which include permitting, financing, and installing solar, as well as the expenses solar companies incur to acquire new customers, pay suppliers, and cover their bottom line. These "soft costs" are tacked-on to the overall price a customer pays for a solar energy system. While studies show that increasing global production has reliably led to falling costs, non-hardware costs continue to add up, creating a barrier for many American families interested in solar energy. If we don’t reduce these soft costs in the near future, solar won't be able to reach a tipping point and move beyond early adopters.
References
Submissions may include up to 5 links to research literature that provides background and relevant patents. Such links can be to a website article, a Wikipedia page or for National Lab IP, https://www.labpartnering.org/lab-technologies. It is the Prize Administrator’s hope that the quality of literature referenced in the submissions will factor into voting results.

comments (public)