Residential solar is booming in the U.S.

sunrisepanelsMore residential solar than commercial solar was installed in the first quarter of 2014. Here are some amazing quick stats:

– 74% of new electricity came from solar
– Enough solar in the U.S. to power 3 million homes
– $40k-$90k is the median income where 60% of installations occur

According to a recent report from SEIA, the U.S. added 1,330 MW of solar in the first quarter of this year, bringing the total up to 14.8 GW, which according to GTM Research is enough to power over 3 million homes! 232 MW of the new solar installations came from residential systems, surpassing the 225 MW of commerical solar installed in the same quarter. The other great news coming from the report is that 60% of installations occur in zip codes with median incomes from $40k-$90k, meaning solar has really become accessible to middle class consumers!

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