This study provides a cost-effective and sustainable solution to power these sports complexes using locally available renewable sources. . These benchmarks help measure progress toward goals for reducing solar electricity costs and guide SETO research and development programs. Market analysts routinely monitor and report. . As you explore the feasibility and cost-effectiveness of your own on-site system, be sure to focus on energy production—the actual estimated energy it will generate after all factors are considered—rather than the system's capacity. From $1 to $3 per watt, leading to a total cost estimate between $500,000 to $1,500,000, 2. This overall price includes equipment, installation, and permits, but not maintenance or any potential financing costs.