The bright spot for the U.S. solar market in 2013: home roof tops

Great, but don’t solar panels only absorb something like 13% of actual solar energy and reflect the rest back?

Gigaom

This article originally appeared on GigaOM Pro, GigaOM’s premium research service.

The U.S. market is forecast to install 4.4 GW of solar panels this year, a 33 percent increase from 2012, thanks in part by an expected surge in residential installations, according to a report released Tuesday.

The country added 723 MW of solar panels in the first quarter of 2013, up 33 percent from the first quarter of 2012, said the report by the Solar Energy Industries Association and GTM Research. The anticipated growth in 2013 would be slower that what took place in 2012, when the amount of new solar generation jumped 76 percent.

solar panelThe growing popularity of solar leases, falling prices for solar panels and efforts to reduce the costs of marketing, sales and permitting, have steadily boosted the growth of the solar market in recent years. The pace of installation has quickened, in particular, in…

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