Despite political headwinds, the U.S. solar industry is thriving, with solar accounting for 84% of new electricity capacity in 2024—setting a record for any energy technology in the past two decades. A staggering 50 gigawatts of solar were installed last year, largely fueled by federal tax incentives.
Why It Matters
This growth underscores solar’s economic viability, but looming policy changes under the Trump administration threaten to curb expansion. If clean energy tax credits are cut, investment in solar could slow, making projects less financially attractive for businesses.
What’s Next?
Businesses considering solar should act swiftly to lock in financial incentives while they remain available. Solar’s rapid adoption proves its cost-saving potential, but future tax credit rollbacks could alter the financial equation.
At Commercial-Solar.org, we’ll continue to provide updates on what these changes mean for commercial solar investments.