Friday, August 17, 2018 5:45:27 PM
Solar Installed (MW): 3,463.45
National Ranking: 3rd (7th in 2017)
State Homes Powered by Solar: 514,079
Percentage of State's Electricity from Solar: 6.09%
Solar Jobs: 8,381
Solar Companies in State: 454 (77 Manufacturers, 248 Installers/Developers, 122 Others)
Total Solar Investment in State $8,174.76 million
Prices have fallen 53% in the last five years
Growth Projection and Ranking: 2,574 MW over the next 5 years (ranks 6th)
Number Of Installations 117,485
Arizona is one of the sunniest states and has huge potential for its solar market. While Arizona solar industry has tremendous growth opportunity, due to public debates about the benefits of solar, imposition of a net metering charge in 2014 and elimination of incentives, the market has been turbulent. SEIA is working with local stakeholders and policy makers to encourage stability and transparency into policies, so that the market can recover from this market disturbance and continue to grow.
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