Solar Panel Statistics

The costs for electricity have on average risen 2 2 annually since 2008.

Solar panel statistics.

Considering the world is relatively new to this type of power this is a hugely impressive figure. What s more researchers have managed to achieve 46 efficiency in certain laboratory tests using advanced cell structures. Since 2010 the average cost of solar panels has dropped by more than 60. However in 2018 people can now get affordable prices for solar panels with 20 to 23 efficiency anywhere in the u s.

Financial facts for solar energy in the united states. The fundamental solar energy stats as of the end of 2018 the u s. Data from seia s annual solar means business report show that major u s. Through 2018 the top corporate solar users in america have installed more than 7 000 mw of capacity across more than 35 000 different facilities across the country.

Solar energy accounts for 1 6 of total u s. Corporations including apple amazon target and walmart are investing in solar and renewable energy at an incredible rate. Solar has ranked either first or. Had 64 2 gw of installed solar enough to power 12 3 million american homes.

To put things into perspective in 2013 which is just about five years ago the most efficient solar panel that people could buy was 17 8. Installed 10 6 gw of solar in 2018 alone. The world s total installed solar capacity had reached 480 3 gw by the end of december 2018 according to the latest statistics published by irena. Sep 15 2020 heraldkeepers the solar panels market research report delivers a comprehensive analysis on the.