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US Residential Solar Prices Drop in Second Half of 2023 Amid Slowing Demand

Median battery storage prices also fall for the first time since 2020

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Solar prices fell for the first time since mid-2021 in the U.S., dropping 3.5% to $2.80/W in the second half (H2) of 2023, highlighting a residential solar market plagued by high inflation and changes to net metering policies, according to a report by EnergySage.

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