Featured in High time for a masterplan – 06-2023

IRA equals consolidation, diversification

The funds flowing from the US Inflation Reduction Act (IRA) could prompt solar installers to diversify their offerings to homeowners. The IRA may also lead to consolidation among solar equipment manufacturers, writes Jessica Fishman, a clean energy marketing professional.
With a wealth of tax credits now available for different components, US solar installers could start offering batteries, heat pumps, EV charging, smart thermostats, and other components. | Photo: Sunrun

With investment and production tax credits for clean energy production, storage, and electrification, the IRA is generating an influx of funds into the clean energy industry, supercharging market demand and evolution. This situation creates a strategic business opportunity for solar installers to take advantage of the market to grow their companies. Not only will solar …

pv magazine
This article is part of pv+
Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.