Tag Archive for: residentialsolar

Residential solar power installations rose by 34% from 2.9 gigawatts in 2020 to 3.9 gigawatts in 2021, according to data from the US EIA.

Home solar panel adoption continues to rise in the US

President Joe Biden recently signed into law new legislation that includes larger investments in renewable energy and measures to address climate change. Among its provisions is a 30% solar tax credit that could spur more Americans to “go solar” over the next decade.

While residential solar power currently generates just a fraction of the country’s overall electricity, it has continued to grow rapidly in recent years, despite COVID-19-related supply chain issues, import restrictions and other obstacles.

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Source: Pew Research Center

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Residential panel installations will jump by 5.6 GW in 2022. Households to add three times more solar than commercial users.

US homes add rooftop solar at a record clip to cut power bills

US households will install a record amount of solar this year to help slash electricity bills, according to a BloombergNEF analysis.

Residential solar installations will increase by about 5.6 gigawatts in 2022, led by Florida, Texas, the Midwest and California, according to a BNEF report Monday.

Higher electricity prices and tax credit extensions in the Inflation Reduction Act are fueling the rebound in residential solar adoption. Consumers are taking ownership of their own power supplies in pursuit of cleaner energy and to reduce their reliance on grids that are becoming more vulnerable to blackouts caused by extreme weather, wildfires and drought.

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Source: Bloomberg

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The Solar Access Act is designed to speed up residential solar permitting through an instant, online process.

California’s Senate passes Solar Access Act to speed up residential PV permitting

California’s Solar Access Act (SAA) has passed the state’s Senate, clearing its final legislative hurdle, and will now be sent to Governor Gavin Newsom to be signed into law.

The Act demands instant, online solar permitting in cities and counties. Lawmakers hope it will decrease approval times for residential solar and solar-plus-storage systems, cut permitting costs for local governments and homeowners at the same time as helping California meet its target of becoming carbon neutral by 2045.

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Source: PV Tech

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