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Summary
This
month, Solarbuzz entered 1,132 online inverter retail prices
in to its inverter price database, down from last month's
1,168 price points.
The
May result creates a five month trend, where the number
of price increases outpaced the number of decreases. All
together, this means eight of the last nine months have
shown the same outcome.
Altogether,
there were 15 price decreases and 27 price increases this
month. In the previous month, 8 price decreases compared
to 28 increases. This month, though, the upward move was
sufficient to cause a small increase in the US index.
The
All Inverter Index (see right) includes the full basket
of Inverters on the worldwide survey represented in US dollars
and European, Euros. Further segmentation of this data can
be accessed through our consultancy
services.
The Price Index (see right) is based on Prices per Continuous
Watt - which is a measure of the output power of Inverters.
The larger the Continuous Watt, the larger the power of
the Inverter.
The same calculation methodology applies to this Index as
the Solar Module index - i.e. it is based on the purchase
price for a single Inverter.
The
main difference in methodology between this Index and the
Solar Module Index is that all global inverter prices are
aggregated in to a single Index. Those aggregated products
are then simply translated from the local currency in to
either US dollars or European euros.
This
month the dollar exhibited a modest strengthening against
the euro. The net effect of the price moves was to see a
decrease in prices expressed in euros to 0.461
per continuous watt.
The mix of Inverter Retailers is still dominated by US Retailers.
Around 90% of the prices are quoted in US dollars.
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