SolarCritiques’ Solar Industry Survey Outcomes Now Accessible

May eighth, 2023 

SolarCritiques has launched the outcomes of its 2022 Solar Industry Survey. The Survey was performed from February sixth via March third, 2023, at the side of the North American Board of Certified Energy Practitioners (NABCEP), and noticed almost 450 respondents from throughout the United States solar trade. The full Report could be discovered right here.

The Report outlines key findings about how installers are responding to provide chain points, labor shortages, and elevated financing prices within the early days of the Inflation Reduction Act. 

“This survey provides essential data about how the industry has dealt with the unique challenges of 2022, from supply chain issues to a shortage of trained workers—whilst companies prepare to grow in response to the Inflation Reduction Act,” stated Andrew Sendy, President of SolarCritiques.

Important tendencies revealed within the Survey’s outcomes embrace:

  • The solar trade continues to develop
    • 63% of residential installers reported elevated demand in 2022
    • 73% count on to promote extra solar in 2023
  • The Inflation Reduction Act will profit solar
    • 62% of all respondents count on to develop their enterprise in 2023
    • 30% say they plan to take the Section 48 Investment Tax Credit (industrial ITC) for the primary time
  • More installers are providing energy storage and EV charger set up
    • 81% now present energy storage set up, whereas 67% provide EV charger set up
    • 63% have each extra providers
  • Ongoing difficulties with the availability chain
    • 67% of all respondents reported problems with the identical or worse severity in 2022 in comparison with 2021
  • Cautiousness within the face of delayed steering from the Department of the Treasury and the Internal Revenue Service
    • 38% had been ready to see last steering earlier than deciding whether or not to make the most of the IRA’s low-income incentives (steering was launched whereas accumulating responses)
    • 34% reported they’d not develop low-income choices or the brand new incentives didn’t have an effect on their enterprise

Questions concerning the Survey and Report could be directed to press@solarreviews.com.

 

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