As Residential Solar’s Capabilities Expand, Does New Growth Await?

As Residential Solar’s Capabilities Expand, Does New Growth Await?

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Solar panels on a residential home
April 15, 2020

The residential solar power industry faces the expiration of a key tax break and resistance to net-metering. But with solar’s emerging role in grid services—coupled with additional battery storage—solar is becoming a valuable tool for grid resiliency.

Last year, solar power accounted for 40 percent of new electric generating capacity additions in the U.S. Yet the industry faces a number of challenges, including the ending of federal incentives for solar projects and an uncertain future for net metering, both of which have been instrumental in the industry’s growth. The coronavirus will also impact solar adoption as consumers and businesses focus their attention elsewhere. 

Anne Hoskins, chief policy officer at Sunrun, the nation’s largest residential solar power company, discusses the industry’s challenges and grounds for optimism, including solar power’s role in addressing the challenge of grid resiliency, particularly where emerging climate impacts are placing unprecedented demands on the electricity system.