In the land where cash is king, saving money is a winning formula. That's the takeaway from a new report that shows Americans raced to beat the deadline for the canceled solar tax credit.
By October, most installers in the solar energy industry had reached their yearly capacity, according to EnergySage. Its marketplace report revealed a 205% jump in homeowners working with companies after the 30% incentive was set to be eliminated.
Adding battery storage to a solar power system is one of the best ways to protect your home during electrical grid outages, save money on your energy bills, and go off-grid. To get information about your options, explore EnergySage's free tools, which include competitive installation estimates.
The company added that "marketplace transparency limited price inflation," with leader REC's share dropping from 43% to 20% as people chose to install systems as quickly as possible rather than focusing on the best equipment.
This also affected the size of solar systems and whether homeowners opted to include battery backup systems. With the Dec. 31 installation deadline looming, "installers prioritized available inventory over ideal specifications," as EnergySage stated.
"The dip in battery attachment wasn't reduced interest — it was deferred adoption," EnergySage director of insights Emily Walker said. "Thousands of new solar households are now prime candidates for storage retrofits, and that wave is just beginning."
Home batteries are a hot topic, and not just because the Department of Energy warned that blackouts could increase a hundredfold by 2030. With utility-scale installs booming, residential adoption could be next.
EnergySage has teamed up with electrification company Qmerit to guarantee you get the best price on home battery storage solutions.
Save $10,000 on solar panels without even sharing your phone number Want to go solar but not sure who to trust? EnergySage has your back with free and transparent quotes from fully vetted providers in your area. To get started, just answer a few questions about your home — no phone number required. Within a day or two, EnergySage will email you the best options for your needs, and their expert advisers can help you compare quotes and pick a winner. Solar panels can save you more than $50k over their 25-year lifespan, and EnergySage can help you save as much as $10k on installation. Which begs the question — isn't that worth an email or two? |
Pila is another company that offers battery backup options. Its plug-and-play batteries cost a fraction of whole-home backup systems.
Whether you want to go solar and add battery storage to create a cooler future, gain energy independence, save money on bills, or all of the above, the decision will reverberate.
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