US Residential Energy Storage had its Strongest Quarter to Date

Demand is rising in the residential segment as solar installers continue to add storage to their product offerings.

The U.S. market installed over 2,608 MWh of energy storage capacity in the second quarter of 2022.

KELLY PICKEREL | SOLAR POWER WORLD | SEP 14, 2022
Source: Wood Mackenzie

“The solar ITC (Investment Tax Credit) extension is good news for the residential storage industry, preventing a drop in residential solar + storage installations that would have otherwise arrived in 2024. The standalone storage ITC will also boost storage retrofits on homes with existing solar.”

Chloe Holden, research analyst at Wood Mackenzie
Source: https://cleanpower.org/

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