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According to data from the U.
S.
Energy Administration (EIA), the average cost of photovoltaic modules in the United States in 2012 was $1.
15/WDC (about 7.
31 yuan/watt), and the average cost in 2016 was $0.
72/Wdc (about 4.
58 yuan/watt).
The downward trend in PV costs continued in 2017: the average spot price of monocrystalline silicon PV modules in the first week of January 2017 was 0.
72 US dollars / Wdc (about 4.
58 yuan / watt), and by the last week of December 2017, the average spot price of monocrystalline silicon photovoltaic modules was 0.
45 US dollars / wdc (about 2.
86 yuan / watt).
According to data from the U.
S.
Energy Administration (EIA), the average cost of photovoltaic modules in the United States in 2012 was $1.
15/WDC (about 7.
31 yuan/watt), and the average cost in 2016 was $0.
72/Wdc (about 4.
58 yuan/watt).
The downward trend in PV costs continued in 2017: the average spot price of monocrystalline silicon PV modules in the first week of January 2017 was 0.
72 US dollars / Wdc (about 4.
58 yuan / watt), and by the last week of December 2017, the average spot price of monocrystalline silicon photovoltaic modules was 0.
45 US dollars / wdc (about 2.
86 yuan / watt).