By Jonathan Doochin, Soligent CEO
In many ways, 2020 looks like the worst year for a multitude of generations of Americans. That said, 2020, for better or worse, has accelerated us into the future.
Let’s look at what we can realize coming out of 2020 and going into 2021 for residential and small commercial solar and energy trends.
3 Leading Solar Industry Trends in 2020
In addition to the continuation of manufacturing shifts and the dramatic acceleration of Digitalization, remote workforces, consumer’s need for certainty, rising incomes, and bankable solar companies, there are three high impact trends happening for solar in 2021.
3 Leading Solar Industry Trends for 2021 – A Sneak Peak
The truest summary of 2021 is that clean energy is here to stay. This is a larger secular trend that is economically beneficial for the United States and GDP positive for a world in need of GDP. Simply put, solar is a money multiplier in that if a homeowner pays less for energy, they have more disposable income to spend which stimulates the economy. Installers are local businesses who pay salaries and create jobs locally, which again stimulates the local economy with spending and wealth creation as clean energy grows. And finally, manufactures, distributors, and others grow their valuations and through the public markets and future IPOs, allow the general public to participate in the macro trend of growth in the space. Hindsight is 2020, but foresight is seeing the inbound secular trend and the benefits from local jobs to GDP.