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What We Learned From New Solar Power Report

Posted on: July 9th, 2014 No Comments

The first quarter of 2014 proved to be a great start for the solar industry. More homes, businesses, nonprofits, and academic institutions are turning to solar power to generate energy for their facilities.

The Solar Energy Industries Association (SEIA) released their 2014 Q1 report (see here) which showed majoy trends in the U.S. solar industry.

New US Electric Generation Capacity Details

Key marketing figures showed increase usage of solar power:

The last figure means that in the first quarter of 2014, nearly ¾ of all new power installations were solar powered. Even more noteworthy, residential installations exceeded non-residential installations, meaning homeowners are understanding the benefits of zeroing out their energy bill by using the power of the sun.

There are some states that offer incentives for residential solar installations, but this first quarter of 2014 showed that homeowners are installing solar whether there are incentives available or not.

By the end of this first quarter alone, there have been almost half a million individual solar power systems installed.

They are now up and running, and generating clean energy for residential and commercial usage.

The future for solar in the U.S. is looking bright, and our team at Independent Green Technologies is committed to providing homes, businesses, and government buildings with clean renewable energy. We have partnered with banks to provide financing opportunities, and have a great team that will understand your current energy usage and provide the best options to zero out your utility bill.

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