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National Energy Awareness Month: October 2022

Press Release Number CB22-SFS.136

“U.S. shipments of solar photovoltaic (PV) modules (solar panels) rose to a record electricity-generating capacity of 28.8 million peak kilowatts (kW) in 2021, from 21.8 million peak kW in 2020, based on data from our Annual Photovoltaic Module Shipments Report. Continued demand for U.S. solar capacity drove this increase in solar panel shipments in 2021…

“The cost of solar panels has declined significantly since 2010. The average value (a proxy for price) of panel shipments has decreased from $1.96 per peak kW in 2010 to $0.34 per peak kW in 2021. Despite supply chain constraints and higher material costs in 2021, the average value of solar panels decreased 11% from 2020.”

National Energy Awareness Month

Key Stats

Source: 2020 County Business Patterns (CBP).    

  • NAICS 2211, Electric Power Generation, Transmission and Distribution
  • NAICS 22111, Electric Power Generation
  • NAICS 221111, Hydroelectric Power Generation
  • NAICS 221112, Fossil Fuel Electric Power Generation
  • NAICS 221113, Nuclear Electric Power Generation
  • NAICS 221114, Solar Electric Power Generation
  • NAICS 221115, Wind Electric Power Generation
  • NAICS 221116, Geothermal Electric Power Generation
  • NAICS 221117, Biomass Electric Power Generation
  • NAICS 221118, Other Electric Power Generation
  • NAICS 22112, Electric Power Transmission, Control, and Distribution
  • NAICS 221121, Electric Bulk Power Transmission and Control
  • NAICS 221122, Electric Power Distribution
  • NAICS 2212, Natural Gas Distribution
  • NAICS 2371, Utility System Construction
  • NAICS 23712, Oil and Gas Pipeline and Related Structures Construction
  • NAICS 23713, Power and Communication Line and Related Structures Construction
  • NAICS 3334, Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
  • NAICS 335, Electrical Equipment, Appliance, and Component Manufacturing
  • NAICS 3351, Electric Lighting Equipment Manufacturing
  • NAICS 3352, Household Appliance Manufacturing
  • NAICS 3353, Electrical Equipment Manufacturing
  • NAICS 3359, Other Electrical Equipment and Component Manufacturing
  • NAICS 33591, Battery Manufacturing

Note: The table above is modified to show just one “All establishments” row for each NAICS code and is cropped at the bottom after NAICS 335. Click on the image for the full table.

More Stats

Source: Quarterly Financial Report (QFR) (2000-2022).

Source: Quarterly Services Survey (QSS) (2010-2022).

  • NAICS 3334, Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing   
  • NAICS 3336, Engine, Turbine, and Power Transmission Equipment Manufacturing
  • NAICS 335, Electrical Equipment, Appliance, and Component Manufacturing
  • NAICS 3351, Electric Lighting Equipment Manufacturing
  • NAICS 3352, Household Appliance Manufacturing
  • NAICS 3353, Electrical Equipment Manufacturing
  • NAICS 3359, Other Electrical Equipment and Component Manufacturing
  • NAICS 2211, Electric Power Generation, Transmission and Distribution
  • NAICS 2212, Natural Gas Distribution

From the Newsroom > Stats for Stories (SFS):

From the Library:

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