US distributed solar: four predictions for 2024

The US distributed solar industry is on track to install over 9.5 GWdc in 2023, over five times the amount of annual installed capacity from a decade ago. Although high interest rates and interconnection congestion continue to be headwinds for the distributed solar segments, module supply chain relief and rising retail rates are offsetting these challenges in some states.

In this report from our US Distributed Solar Service, we pick out the key trends to watch out for in 2024. This includes:

• the continued impact of the residential solar slowdown on customer acquisition costs
• growth in emerging commercial and community solar markets
• the adaptation to net metering successor tariffs
• and more.

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