SolarData USA

Generac Inverters - Market Share, Pricing & Data

Generac entered the solar inverter market through its acquisition of Pika Energy. Known for backup power integration and battery-ready inverter systems.

Market Share
8%
Total Installations
360,000
Avg Cost (When Used)
$0.65/W
Inverter Type
String_with_optimizers

Average Cost per Watt

$0.65per watt$1.5$5.0

Average system cost when Generac inverters are used

Market Share Trend

Market Share (%)

20202021202220232024

Top States for Generac Inverters

StateInstallations
California148,000
Florida25,000
Texas22,000
New York18,000
Arizona15,000

Source: LBNL Tracking the Sun / U.S. Department of Energy