In 2024, the US residential solar market experienced its first annual decline in installed capacity since 2017 - a 31% contraction year-over-year - driven by persistent financing challenges and economic uncertainty. Wood-Mackenzie doesn't anticipate a recovery in customer ownership beginning in 2026.
Hopefully, enough Americans will choose to install PV & batteries this year that their prediction on how long the recovery will take are wrong.
https://www.woodmac.com/news/opinion/us-residential-solar-turbulence-persisted-through-2024/?utm_campaign=pandr-ltpower-g&utm_medium=social&utm_source=bluesky&utm_content=residential-solar-finance-update-h1-2025