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2019 was a big year for both residential solar and home storage in the U.S. Power shutoffs in California and demand pull-in from the soon-to-decline federal Investment Tax Credit helped both industries log new records.
Yet while much of the attention on solar-plus-storage has focused on leading national installers — SunPower unveiled its in-house residential storage product in September — conversations with local solar installers across the country show that, heading into 2020, interest in storage is trickling into many more sales conversations. It’s a trend that underscores
New Opportunity in Solar Storage
the growing interconnect between the two sectors.
Rooftop solar remains a vastly larger market than home storage systems. U.S. homes added about 1.9 gigawatts of solar capacity through the first three quarters of 2019, compared to just 98.3 megawatts of storage.
2020 - 2030 Solar Predictions by Solar Veteran
Solar Veteran Barry Cinnamon has some predictions for the next decade of solar:
1.) Storage will be standard with solar within the next 5 years.
2.) New metrics beyond $-per-watt will come into play as PV system's increase storage capacity.
3.) You will have an app for your solar. Monitor, control, and save all in one place.
4.) Vehicle-to-grid will become a thing as fossil fuels begin to phase out.
5.) Commercial and Industrial will start to catch up to residential solar system installs as government regulations push for cleaner air.
California 1st State in Nation to Require Solar
Last year California became the first state in the nation to make solar mandatory for new houses. The regulation was supposed to take affect starting in 2020, but logistics have yet to be worked out.
If solar were required on all new homes built, it is estimated it would increase the cost of a home by
$10,000 on average, or roughly $50 a month added onto a 30-year fixed mortgage at 3.92%. When you weigh the cost of the utility bills in California, along with the environmental impact, it looks like California might be on to something.
The only question is, how long until Colorado and other states start to take the same approach?
Check back for news regarding ProGreen Solar, as well as news that are impacting the green movement throughout our great state!