U.S. Solar Market Insight™ is a collaboration between the Solar Energy Industries Association® (SEIA®) and GTM Research that brings high-quality, solar-specific analysis and forecasts to industry professionals in the form of quarterly and annual reports. Released March 5, 2014.
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A new study from Lawrence Berkeley National Laboratory finds that homes in California with rooftop solar installations sell for higher prices than comparable homes without solar. The authors find that the value of homes increases by $5,900 for every kW of solar installed, though this premium decreases by 9% per year of system age.
The U.S. installed 930 megawatts (MW) of photovoltaics (PV) in Q3 2013, up 20 percent over Q2 2013 and 35 percent over Q3 2012. This represents the second largest quarter in the history of the U.S. solar market and the largest quarter ever for residential PV installations. Even more importantly, 2013 is likely to be the first time in more than 15 years that the U.S. installs more solar capacity than world leader Germany, according to GTM Research forecasts.
The National Renewable Energy Laboratory (NREL) recently released a report that breaks down the ‘soft costs’ associated with the installation of residential and commercial photovoltaic systems in greater detail than ever before, with detailed looks at customer acquisition and system design costs, as well as permitting, inspection and interconnection costs.
A new study from the Rocky Mountain Institute and the Georgia Tech Research Institute finds that U.S PV installation labor costs can be decreased from $0.49/watt to $0.29/watt by utilizing installation best practices. Researchers studied installation practices at 26 sites in the U.S. and Germany to determine current practices and future opportunities.
U.S. Solar Market Insight™ is a collaboration between the Solar Energy Industries Association® (SEIA®) and GTM Research that brings high-quality, solar-specific analysis and forecasts to industry professionals in the form of quarterly and annual reports. Released September, 2013.
With distributed solar growing at a record pace, states nationwide are assessing the benefits and costs of this dynamic resource. The implications of these studies couldn't be higher, as cornerstone policies such as net metering are on the line.
SEIA's guiding principles for a net metering policy.
In its review of 15 distributed solar PV benefit and cost studies, the Rocky Mountain Institute (RMI) finds significant variability in estimated distributed PV values, owing to differences in methodology, local context, and input assumptions. RM
The U.S. solar market had a strong first quarter of what is expected to be another record year for the industry. Installations grew significantly over deployment levels in Q1 2012. The growth in Q1 2013 was driven in part by record first quarters in the residential and utility segments.