10 Predictions for the Solar and Storage Market in the 2020s

Batteries will be standard with virtually every new solar system installed in the U.S. by 2025, the author predicts.

The solar-plus-storage market is evolving rapidly and will look completely different a decade down the road. What can we expect on the way to 2030? Here are 10 predictions.

All-in-one systems will be the new normal

1. Lots of storage

Batteries will be incentivized or mandated for practically every new solar PV system across the U.S. by 2025. As more homeowners and businesses deploy PV systems to reduce their electricity bills and ensure backup power, simple net metering will increasingly be replaced by time-of-use rates and other billing mechanisms that aim to align power prices with utility costs. We already see these trends in California and several states in the Northeast.

2. System costs will increase with the shift toward batteries

Solar systems with batteries are going to be about twice as expensive as traditional grid-direct installations, so in that sense, we will see actual costs increase as the mix shifts toward batteries. But while system costs will go up, we need to be careful to parse the actual equipment and soft costs from the consumer’s cost net of tax credits and incentives. Equipment costs for batteries and other hardware are generally flat to slightly down.

Read more: Green Tech Media

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