Solar panel are currently getting a lot of hype, but this is justified by their performance and return on investment. Solar power is the fastest growing electricity source in the US as of 2021, closely followed by wind power and ahead of all fossil fuels. Actually, many states have been retiring their coal fleets in recent years.
The solar federal tax credit will remain available at its current value of 26% until the end of 2022, unless congress decides to extend it again. Home and business owners will still be able to claim a 22% benefit in 2023, and there will only be a 10% tax credit for business from 2024 onward. The installed solar capacity in the US has already surpassed the 100 GW mark, and it could reach 250 GW by 2026.
