High interest rates and other issues threaten the residential solar market in 2024  2024 Trends in Solar

4 months ago 41

Residential solar took some serious hits in 2023. There were endemic supply chain disruptions and savings for rooftop solar became less clear when utility electricity prices stabilized in 2022. Solar stocks plummeted, and the passage of NEM 3.0 in California significantly curtailed the largest rooftop solar economy in the country. In this environment, some residential…

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