Fund Renewable Energy

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Rooftop solar is a massive store of renewable energy

As the United States leans into a more sustainable energy future, small-scale solar, particularly rooftop installations, is shining brightly. Currently, small-scale solar represents over one-third of the nation's total solar power capacity. The residential sector alone accounts for 67% of this capacity, with forecasts projecting growth from 44 gigawatts (GW) in mid-2023 to 55 GW by the end of 2024. Despite the larger growth pace of utility-scale solar, small-scale solar's contribution to power capacity additions is significant, only surpassed by utility-scale solar and battery storage.

States play a pivotal role in this upward trend, offering various incentives and programs to encourage rooftop solar adoption. California leads in capacity, followed by solar-rich states like New York, New Jersey, Texas, Arizona, Massachusetts, and Florida. While some states have phased out specific incentives, the investment tax credit (ITC) continues to propel installations, offering a 30% tax credit through 2032, tapering off in subsequent years.

As the U.S. moves toward a greener grid, rooftop solar stands out for its decentralized contribution to reducing carbon emissions, lowering energy costs, and enhancing grid resilience. The continued growth and support for small-scale solar reflect a robust commitment to a more sustainable and diversified energy future​​​​​​.

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