Average U.S. PV system prices over time. - NREL, 2015
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The report from the Solar Electric Power Association states that in U.S. average residential solar prices in 2014-2015 clustered around $3-$4 per watt, while prices for nonresidential and utility-scale projects came in lower at $2-$3 per watt.
According to GTM Research’s latest report, average global PV system installed costs will fall from $2.16 per watt in 2014 to $1.24 per watt by 2020, a 40 percent decline, with variations by region and market segment.