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The 1,000,000th United States solar installation was completed in the first quarter of 2016, and the rate of installation is only increasing.
Solar capacity has experienced a 60% compounded annual growth rate over the last decade to reach 32 GW.
Installation costs have dropped 70% over the past 10 years.
Current Market penetration in the US is less than 2%.
“The number-one emerging trend in residential rooftop solar is the shift from third-party-funded leases and PPAs to solar loans that allow direct ownership.” - GTM Research