The Solar Industry In 2014

The latest report from Solar Energy Industries Association provided great news about the Solar Industry in the United States.

The Solar industry is continuing to grow at a wonderful rate. Here are some current facts:

In the United States there are over 20,000* Megawatts of cumulative solar electric capacity. This energy can power over 4 million average US homes.
More than 600,000 businesses and homes have gone solar.
As of this September, prices of Photovoltaic Systems (Solar Panels) have declined to $2.71 per each Watt.
- Comparing today’s prices with 2010, the average Photovoltaic system price has dropped by 63%
Corporations in the U.S. are going solar!
- This includes Walmart, IKEA, Macy’s, Apple, Google and much more.
- Top 25 corporate users have more than doubled their solar capacity since 2012.
Leading States for Solar power are:
1. California
2. Arizona
3. New Jersey
4. North Carolina
5. Massachusetts
6. Nevada
7. Hawaii
8. Colorado
9. New York
10. New Mexico
The solar industry employees over 143,000 workers. This is roughly a 20% increase since 2012.
- The employees are spread over 6100 businesses.
In Conclusion: There has been a great increase in the value of the Solar industry
- 2011 – Valuation: $8.6 billion
- 2012 – Valuation $11.5 billion
- 2013 – Valuation $13.7 billion
- 2014 – Valuation $16.45 billion*

This is great news for the United States, and for the Planet!

GOOD BUSINESS