I get the impression they're already really damn cheap, to the point that the issues are more so with grid interconnections, land use, and storage
I wonder if as panel costs goes down, will people start to wire their homes again for 48V DC? You could conceivably run your HVAC and fridges at least off of it, this would negate the need for a larger (more costly) inverter.
The only place it makes sense is personal tech and computing, where USB chargers are cheap and ubiquitous, with technology replacement in 2-5 years instead of 5-10 for standard appliances.
On the usage side for instrumentation, avionics etc. it is usually 28 VDC.
2. Nearly no equipment uses 120VDC by itself, so you would need specialized DC-DC converters that can deal with the 120VDC input to go down to usual voltages like 48VD, 24VDC or 12VDC
I doubt that. Currently the cells itself makes only <50% (maybe <30% meanwhile) of a PV module. So the limit to the bottom is by the glass and frame and cable, not by the cells.
But $/watts can significantly go down with more efficiency.
I've been pricing a PV system recently, and I was surprised at how low the price of panels already is. In most estimates I received the panels itself were less than 20% of the total installation costs. Granted, I am looking at a 3-phase system with plenty of battery capacity. For a more typical household setup with 1-phase and moderate battery capacity that percentage will shift a bit.
In my case the quotes are roughly: 40x430Wp panels (~€4000), 3x (3-phase) inverter/chargers (~€5000), batteries (~€5000), auxiliaries (~€1500), cabling (~€2000), mounting hardware (~€2500), labor (~€5000), planning/permissions (~€1000). So total project price is ~25k, of which the panels are only ~€4000. And that doesn't even count the construction of a utility building to house the batteries and inverters, the EV chargers, etc.
On a side note: I found that battery prices have also dropped significantly already. If you're willing to do some assembly yourself you can get ~15kWh of LiFePO4 for just over €1k.
Also, for those wondering: for my situation the ROI of this setup is expected to be about 5 years. This will be quicker if I get an EV, which I am planning on.