U.S. Solar Market Grows 76% in 2012; Now an Increasingly-Competitive Energy Source for Millions of Americans Today
Executive SummaryReleased March 14, 2013
2012 was a historic and busy year for the U.S. solar energy industry. Photovoltaic (PV) installations grew 76% over 2011, to total 3,313 megawatts (MW) in 2012, with an estimated market value of $11.5 billion. Each market segment (residential, non-residential, and utility) showed growth over 2011, while the overall markets in most states expanded as well. Installed prices for PV systems fell 27% during 2012 and at least 13% in each market segment. Nearly 83,000 homes installed solar PV, and cumulative PV installations in the U.S. surpassed 300,000. Read more
2012: The Solar Year-in-Review Webinar (free)
Access the archived recording of SEIA and GTM Research's review of the U.S. Solar Market InsightTM: 2012 Year-in-Review report, a look back 2012 highlights and accomplishments, a Q4 2012 data review and a forecast of what's to come for the remainder of 2013. The webinar will highlight trends throughout the U.S. market as well as some state-specific overviews. Listen now
Members-only Resources
Spread the news about solar's historic quarter and promote your company’s 2012 growth by using the template press release and letter-to-the-editor provided by SEIA. Get the Solar Data Cheat Sheet, a one-page resource of top-line data from our major reports.
Press Release
Thursday, March 14, 2013 - WASHINGTON, DC and BOSTON, MA - GTM Research and the Solar Energy Industries Association® (SEIA®) today released U.S. Solar Market Insight: Year-in-Review 2012, the definitive analysis of solar power markets in the U.S. With another record-breaking year, solar is the fastest...read more
Fact Sheet
2012 was a historic year for the U.S. solar industry. There were 3,313 megawatts (MW) of photovoltaic (PV) capacity installed throughout the year, which represents 76% growth over 2011’s record deployment totals. The fourth quarter of 2012 was also the largest quarter on record as 1,300 MW came online...read more
Infographic
In 2012, the U.S. solar industry installed 3.3 GW of solar capacity, growing 76% over 2011's total. What happened in your state? Find out! According to the U.S. Solar Marker Insight Year-in-Review 2012 report by SEIA and GTM Research, 2012 was a record year for many states. California became the first state to...read more
State-by-state Graphics
#10: Texas The Lone Star state is ranked second for rooftop solar POTENTIAL, but all the way down at ten for 2012 installations. That’s why we’ve named it, “Most Untapped Potential.” If you include all the usable land (not just rooftops) in Texas, you’ll have twice the solar potential of any other state...read more
Google Hangout
What's the state of the solar industry? Find out by watching a recording of our Google Hangout hosted live 11am on March 14, 2013. Guests include: Rhone Resch (President and CEO of SEIA), Shayle Kann (Director at GTM Research), Arno Harris (Chairman of the SEIA Board and CEO of Recurrent...read more
Spread the Word
It has been a colossal year for solar, and we have all the data to prove it. The Solar Market Insight 2012 Year-in-Review by SEIA and GTM Research reveals that the solar market grew by a huge margin in 2012 – beating the anticipated annual growth for the year by 3 percent! Help us spread the word...read more