I have seen a ton of articles about the plummeting 'costs' of solar over the past decade, so I was shocked when I recently got a bunch of quotes for a 10-12KW residential install: they were almost the same as the cost of the 10KW system I had installed back in 2014.
So at least here in California, inflation and rising labor costs have eaten up all of those savings.
The article addresses this and notes that most of the cost reductions we've seen in the past decade are only really applicable to utility-scale installations, as it's only then that the one-time costs can be amortized sufficiently. Small consumer installations are dominated by costs other than the panels themselves to a much greater degree than utility-scale installations.
Well, according to at least one online calculator, $1 in 2014 in the US would be worth $1.33 today. So perhaps the real price has gone down by over 33%?
So at least here in California, inflation and rising labor costs have eaten up all of those savings.