From the U.S. Energy Information Administration, TODAY IN ENERGY - September 1, 2022 - Record numbers of solar panels were shipped in the United States during 2021
“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.”
Source: 2020 County Business Patterns (CBP).
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.
Source: Manufacturers’ Shipments, Inventories and Orders (M3) survey (1992-2022).
Source: Quarterly Financial Report (QFR) (2000-2022).
Source: Quarterly Services Survey (QSS) (2010-2022).
Source: 2018 - 2020 Annual Survey of Manufacturers (ASM).
Source: 2017 Annual Business Survey (ABS) Program.
From the Newsroom > Stats for Stories (SFS):
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