August 26 2021
Keeping up with the latest solar news can help you make smart decisions regarding your home solar system. If you haven’t installed a system yet, solar industry news can give you information on when is the best time to do so.
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While 2021 has been a complicated year for every industry, solar trends are not what you’d expect. Here’s what you might’ve missed in terms of solar energy news.
You may have heard the latest solar energy news about California’s new requirements regarding solar and storage. On August 11th, the California Energy Commission sent the 2022 California Energy Code to the Building Standards Commission.
If affirmed, all new buildings in California would need to be equipped with solar and storage, including multifamily and nonresidential buildings. This is huge solar energy news because of the sheer volume of solar installations that would lead to.
This is just one step towards the United States’ drive for clean energy. This solar news also confirms the importance of solar energy and the popularity and affordability of these systems.
Now is a great time to invest in solar. If you keep up with solar news, you’ll notice that the country is making a big push towards clean energy, and many incentives ensure the affordability of a home solar system. This is a great time to invest in residential solar and eliminate expensive utility bills.
Much like solar industry news, solar trends have been very positive this year. Most notably, solar installations rose by a whopping 46% in the first quarter of 2021. This includes both residential and commercial installations.
According to this Reuters article, the United States is on track to install 24.4 GW of solar power this year. That’s almost 24% higher than last year.
Of course, a large portion of these installations will come from corporations who are trying to meet greenhouse gas reduction goals. However, homeowners are also seeing the benefit of residential solar.
Despite the shutdown last year, residential solar still saw a record-breaking second half of 2020. During the pandemic, many homeowners recognized the benefit of home improvement, especially those spending more time at home. This has caused many people to invest in their houses.
Having a home solar system has also been seen to have a positive impact on resale value.
On the other end of the spectrum, residential electricity prices were up 1.4% in 2020 and are expected to rise another 2.3% by the end of 2021. Experts predict utility bills will increase even more over time.
Residential solar can help you minimize and even eliminate these bills.
The data says yes. As you’ve seen, solar news and trends favor solar installation heavily.
Of course, there are other things to consider like price, payback period, and more. Before you start shopping for a home solar system, find out if your home is a good fit for residential solar here.
If you’re ready for solar, install a system ASAP! The government offers several incentives for homeowners, the most notable being the Solar Investment Tax Credit. The Solar ITC is set to phase out over time, so take advantage of these savings while they’re available.
If you aren’t sure where to start, use Greenlife Solar. Greenlife Solar is a free service that allows you to compare pricing on home solar system installation. Get pricing and information on industry-leading solar installation companies in your area before you choose.
The solar news doesn’t lie. Now is the time to switch to solar. Save money by comparing options with Greenlife Solar today.
Plus, be sure to keep up with the latest solar industry news and learn more about solar here.