The solar power industry, which accounted for over half of all new electricity added to the grid last year, faces a turbulent future as President-elect Trump and a Republican-controlled Congress consider rolling back federal incentives. The 30% federal tax credit that has driven much of solar’s growth is in question, prompting some homeowners to accelerate installations while others are deterred by the uncertainty.
Solar installers are bracing for potential challenges, including the imposition of tariffs on imported solar equipment that could raise costs significantly. Companies like Exact Solar in Pennsylvania are stocking up on materials to lock in current prices, but these efforts may only provide temporary relief. Industry leaders warn that incentive cuts or increased tariffs could result in job losses and slow the industry’s expansion.
Despite Trump's critical stance on renewable energy, the solar industry emphasizes its bipartisan appeal, highlighting its presence across red and blue districts. Advocates hope the new administration will recognize solar power as an opportunity for energy independence and economic growth, rather than curtailing programs that have fueled its success.
For now, the future of solar power in the U.S. hangs in the balance, as customers and companies await clarity on tax credits, tariffs, and the broader climate policy under the incoming administration.