New Jersey installed 173.8 MW of solar power in the first three months of the year, compared to California’s 148.4 MW. In both states commercial installations form the overwhelming majority of new solar power. The rest of the top five includes Arizona, Massachusetts, and Tennessee, though these states had only minimal amounts of installations compared to the top two. 506 MW of solar photovoltaic power was installed across the United States in the three months of the year, an increase of 85% over the same period in 2011. All this wouldn’t happen without falling prices and a Federal Investment Tax Credit. Prices should continue to fall as technology and manufacturing techniques improve, making harvesting the sun’s rays increasingly competitive with traditional energy sources.
[Image Source]