With new tax laws enacted in 2022, solar storage is already seeing a massive leap in installations. For more than 15 years, Prometheus Solar has advocated for energy storage in the residential space and many customers across northern Arizona have enjoyed the benefits whether this be through their off-grid system or battery backup grid-tied system. We are now seeing much of the country start to catch up.
The research firm Wood Mackenzie has forecasted that by the year 2026, we will see an increase of 45.7 GW installed. This is up from the current 13.5 GW currently in the market. This is strongly tied to the changes made to ITC programs and popularity of lithium technologies.
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