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New Hampshire has a rebate program which pays $0.75/W for residential systems up to 5 kW, for up to 50% of the system cost, up to $3,750. [4] However, New Hampshire's solar installation lagged behind nearby states such as Vermont and New York, which in 2013 had 10 times and 25 times more solar, respectively.
After years of cost reduction, the average US price per watt was between $2.51 to $3.31 in 2020 for 10 kW systems, [89] and $1.05/W for utility systems. [ 90 ] Another type of distributed generation implemented by a utility company was the world's first grid-connected pole-attached solar panels of Public Service Enterprise Group in New Jersey.
More recently, the cost of solar in Japan has decreased to between ¥13.1/kWh to ¥21.3/kWh (on average, ¥15.3/kWh, or $0.142/kWh). [133] The cost of a solar PV module make up the largest part of the total investment costs. As per the recent analysis of Solar Power Generation Costs in Japan 2021, module unit prices fell sharply.
If this system costs $5,000 to install ($5 per watt), very conservative compared to worldwide prices, the LCOE = 5,000/29,675 ~= 17 cents per kWh. This is lower than the average Japanese residential rate of ~19.5 cents, which means that, in this simple case which skips the necessary time value of money calculation, PV had reached grid parity ...
However, subsequent state governments reduced the feed-in in several updates, until in 2016 the feed-in is as low as 5 cents per kilowatt hour. In Queensland starting in 2008, the Solar Bonus Scheme pays 44 cents for every excess kilowatt hour of energy fed back into the state electricity grid.
Systems <10 kW p: 3.40 HRK (€0.45 /kWh) Systems from 10 KW p up to 30 kW p: 3.00 HRK (€0.40 /kWh) Systems >30 kW p: 2.10 HRK (€0.28 /kWh) Contract duration 12 years Price calculated in Croatian Kuna, exchange rate used for conversion of above rates 1 EUR = 7.48 HRK.
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