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Average price of solar modules versus cumulative installed capacity. Prices are expressed in US dollars per watt, adjusted for inflation. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more. . Each year, the U. Department of Energy (DOE) Solar Energy Technologies Office (SETO) and its national laboratory partners analyze cost data for U. solar photovoltaic (PV) systems to develop cost benchmarks. These benchmarks help measure progress toward goals for reducing solar electricity costs. . For a 600kW Solar Plant about 1740 qty of poly solar panels of 345wp would be required or 1200 qty of mon-perc solar panels of 500wp. The base year estimates rely on modeled capital expenditures (CAPEX) and operation and maintenance (O&M) cost estimates benchmarked with industry and historical data.
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