REC Solar Panels - Market Share, Pricing & Data
Market Share
12.3%
Total Installations
553,500
Avg Cost (When Used)
$3.25/W
Avg Efficiency
21.7%
Average Cost per Watt
Average system cost when REC panels are used
Market Share Trend
Market Share (%)
Top States for REC Panels
| State | Installations |
|---|---|
| California | 241,000 |
| New York | 26,000 |
| New Jersey | 24,000 |
| Massachusetts | 22,000 |
| Colorado | 18,000 |
Source: LBNL Tracking the Sun / U.S. Department of Energy