Residential Solar Grows by 76% over Q1 2014, Forecast for 2015 Remains Strong
Released June 9, 2015
The U.S. installed 1,306 megawatts (MW) of solar photovoltaics (PV) in the first quarter of 2015 to reach 21.3 gigawatts (GW) of total installed capacity, enough to power 4.3 million American homes. 51 percent of new electric generating capacity came from solar in Q1 2015, and the residential and utility-scale segments each added more capacity than the natural gas industry.
The full report includes all the data and analysis from our Executive Summary plus incisive, state-level breakdowns of installations, costs, manufacturing and demand projections.
BOSTON, MA AND WASHINGTON, D.C. – Shattering previous records, the United States residential solar market grew 76 percent over the first quarter of 2014, installing 437 megawatts (MW) of photovoltaics (PV) in the first three months of 2015. Read more
For more facts and figures about the U.S. solar industry, including historical data and future projections, click here.
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- Click to Tweet: JUST IN: Residential #solar has its best quarter ever! Up 74% from Q1 2014! www.seia.org/smi
- Click to Tweet: New report shows #US #solar industry on track for ANOTHER record year! 7.9 GW here we come! #SMI #GoSolar www.seia.org/smi
- Click to Tweet: There is now enough #solar in the #USA to power more than 4.3 MILLION homes #GoSolar #cleanenergy www.seia.org/smi
- Click to Tweet: #Solar outpaces #naturalgas! Q1 2015: 51% of all new electric generating capacity came from #solarpower www.seia.org/smi
- Click to Tweet: #DidYouKnow the avg cost for a residential #solar system is now 10% cheaper than it was last year? #GoSolar www.seia.org/smi
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