Interchange Recharged

Is US solar growth truly unstoppable?

9 snips
Dec 17, 2024
Abigail Hopper, the dynamic President and CEO of the Solar Energy Industries Association (SEIA), dives into the electric landscape of the U.S. solar industry amidst political changes. She discusses the influence of the Inflation Reduction Act, the uncertainty surrounding tax credits, and the importance of strategic planning for developers. Hopper emphasizes community engagement in solar adoption and highlights the pressing need for business certainty and energy security, all while navigating the challenges of the energy transition.
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INSIGHT

Industry Sentiment

  • The solar industry feels concern and anxiety about the new administration, but not panic.
  • This is due to better preparedness and the industry's growth since 2017.
ADVICE

Preparing for IRA Changes

  • Businesses should prepare for potential changes to the IRA by President-elect Trump.
  • Focus on identifying core business needs versus desired extras.
INSIGHT

*Potential IRA Changes *

  • The IRA might change with sunset clauses, reduced adders, or ownership restrictions.
  • Businesses should analyze their supply chains and finances for vulnerabilities.
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