As a local solar panel installer in the Minneapolis-St. Paul area, we’re excited to share some fantastic news about the solar industry! According to the latest report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the United States is poised to install an unprecedented 32 gigawatts (GW) of new solar capacity in 2023. This represents a staggering 52% increase from last year!
A Bright Future for Solar
The anticipated surge in solar installations comes as the industry overcomes previous challenges such as supply chain bottlenecks and trade policy restrictions. With the positive momentum generated by the Biden administration’s Inflation Reduction Act (IRA), projections indicate that total US solar capacity could grow from 153 GW today to 375 GW by 2028.
Abigail Ross Hopper, SEIA president and CEO, emphasizes the impact of solar and storage: “The solar and storage industry is delivering abundant clean energy that is generating tens of billions of dollars of private investment, and this is just the tip of the iceberg.”
Local Impact: Minneapolis-St. Paul
In our local area, the benefits of solar energy are becoming increasingly evident. In the second quarter of 2023 alone, the residential solar market saw an impressive addition of 1.8 GW, marking the largest quarter of growth in history. This is a clear indication that homeowners are recognizing the value of solar energy and taking steps to invest in their future.
If you’re considering going solar, now is the perfect time! With energy prices on the rise, homeowners in Minnesota are finding that investing in solar panels not only helps the environment but also results in significant savings on energy bills.
Now is the time
At Sunny Side Solutions, we’re committed to helping Minneapolis-St. Paul residents switch to solar energy. Whether you’re a homeowner or a business, we can help you navigate the installation process and take advantage of the incentives available.
Contact us today for a FREE quote and join the renewable energy revolution!