According to a recent solar market report published by the Solar Energy Industries Association (SEIA), 2012 was a historic year for solar energy in U.S. with a total of 3,313 megawatts (MW) installed, a 76% increase from the previous year. The weighted average of Photovoltaic (PV) system prices fell 27% in 2012 leading to over 90,000 PV installations nationwide, accounting for 11% of global PV installations in 2012 alone. Even with the cost of solar falling for consumers, the overall market size of the U.S. solar industry grew 34 percent 2012.
Colorado ranked among the top 10 states in overall solar installations contributing 69.9 MW of the 3,313 MW installed in 2012. Colorado also ranked amongst the top 10 states in solar per capita and top 5 states in residential installation.
By the end of 2012, there were 7,221 MW of PV and 546 MW of concentrating solar power (CSP) online in the U.S. - enough to power 1.2 million homes.
The entire report can be found on SEIA’s website.