Will solar business grow in 2025?

Grow your solar business and prepare for the future with these expert insights. January 30, 2025 – Looking at the United States solar industry in 2025, there is no doubt that photovoltaics (PV) and energy storage have seen their fair share of challenges over the last few years.

Will installers sell more solar in 2025?

Another 28% say they expect to in 2025. At the end of 2023, 54% of installers said they expected to sell more or less solar in 2024. But in this year’s survey, only 25% reported that demand had, in fact, increased. Looking ahead to 2025, 78% of installers predict they will sell more solar.

Are state-level solar policies still important in 2025?

State-level solar policies remain essential, with installers ranking statewide tax credits, energy storage rebates, and solar rebate programs as the most beneficial incentives for their business. As the industry moves into 2025, it continues to demonstrate resilience despite economic and political uncertainties.

Will repowering a solar system be a profitable revenue stream in 2025?

After years and years of solar capacity growth in the US, revamping and repowering existing installations may also be a surprisingly fruitful revenue stream for PV businesses in 2025.

Why are solar incentives a major issue in 2025?

50% cited changes to solar incentives as a major issue, reflecting uncertainty over policies affecting consumer adoption of solar energy. 46% identified political and legislative uncertainty as a top concern for their business in 2025.

Is the solar industry coming off a banner year?

The solar industry is coming off a banner year, with record PV deployment across the United States. A recent report from the Federal Energy Regulatory Commission (FERC) showed that renewables accounted for nearly 90% of all new electrical generating capacity over a period from January to September last year, with solar contributing 78%.