Cutting costs has been the key to solar’s rapid expansion this decade. The lion’s share of cost reductions in the solar industry has come from reductions in module prices. The $4 per watt you’d have paid in 2006 for modules alone gets you the entire residential solar system installed today.
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Showing strong growth in all market sectors, Vermont more than doubled its amount of installed solar capacity in 2014, according to the recently-released U.S. Solar Market Insight 2014 Year in Review. What’s more, Vermont was one of only four states nationwide to have 100 percent of its new electrical capacity come from solar energy.
WASHINGTON, D.C. AND BOSTON, MA — GTM Research and the Solar Energy Industries Association® (SEIA®) today released U.S. Solar Market Insight: 3rd Quarter 2013, the definitive analysis of solar power markets in the U.S., with strategic state-specific data for 28 U.S. states and the District of Columbia.