BloombergNEF reported that U.S. residential solar installations were 21% higher during the first seven months of this year than the same period in 2019. BloombergNEF attributed the demand to Americans on pandemic lockdown becoming more conscious of household energy costs while at the same time going on a home improvement spree.
Along with solar demand, the U.S. just shattered its record for energy storage. According to Wood Mackenzie’s latest U.S. Energy Storage Monitor report, the third quarter broke the record for new deployment of storage across the nation – obliterating the second quarter (which previously held the record) by 240%. Although utility-scale systems led the way, the residential segment also had another record quarter.
Photo: NeoVolta’s Homebuilders web page
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