The Solar Energy Industry Association published its annual report on industry stats last week (summary here).
Keeping in mind that this is an industry trade association and part of their mandate is to promote the industry, here are some interesting nuggets:
Keeping in mind that this is an industry trade association and part of their mandate is to promote the industry, here are some interesting nuggets:
- 792MW of residential solar was installed in the U.S. in 2013, 60% more than in 2012
- The average residential solar system in Q4 of 2013 was $4.59/watt, down from $5.03/watt in Q4 2012. Depending on which state you live in, the average price could be anywhere from $3/w to $7/w
- In 2013, the price of PV modules went up a little, but inverters and racks got cheaper, which is why the total system price went down
- Utilities installed over 3x as much PV last year as homeowners
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