Category: En_Ren_Solar_KEY

In Q1 2022, the US solar market installed 3.9 GWdc of solar capacity, a 24% decrease from Q1 2021 and a 52% decrease from Q4 2021. This represents the weakest quarter for US solar installations in two years.

Since 2005, the federal government has incentivized homeowners to switch to solar through the solar investment tax credit (ITC), also known as the federal solar tax credit. Currently, this tax credit lets you claim 26% of the total cost of your solar system installation on your federal taxes. However, this perk may not be here to stay. Unless Congress extends the ITC, it will decrease to 22% for systems installed in 2023 and will end in 2024.

Solar energy is quickly becoming a more popular and affordable power source for homeowners and businesses. With residential solar energy, you can lower your carbon footprint and see substantial cost savings.

The immediate need for action on climate change has been made clear in the recent report from the Intergovernmental Panel on Climate Change (IPCC). Limiting the rise in global temperatures would help avoid future catastrophic changes, but the path to limit warming to 1.5 degrees Celsius is narrowing. Without immediate and large-scale reductions in greenhouse gas emissions to reach net-zero emissions by 2050, this warming goal will be beyond reach.

Solar power has expanded dramatically in recent years, becoming the leading technology installed for new power generation around the world. In 2019, it accounted for 45% of global capacity added. Last year, solar power became the cheapest source of electricity in many parts of the world, outcompeting fossil fuels like coal and natural gas.

Scientists say we must cut global carbon emissions in half by 2030 to avoid catastrophic climate impacts.

While a typical carport or patio cover provides shading and is undoubtedly a value-add for a home or automobile owner, its one-dimensional simplicity is a missed opportunity. If you’re a PV fanatic following emerging technologies in the solar industry, you may have already spotted the solar industry’s solution: solar canopies, also known as solar carports .

Businesses rely on policy certainty to make long-term investment decisions. SEIA supports smart tax policy that drives continued innovation in the solar industry. Depreciation is one aspect of the tax code that facilitates greater investment in renewable energy and ultimately lower costs for consumers.

California has the largest solar market in the U.S. and has been a longtime champion of solar because of the many economic and environmental benefits it provides, including $57 billion in investment in the state.

Use this solar panel calculator to quickly estimate your solar potential and savings by address. Estimates are based on your roof, electricity bill, and actual offers in your area.