Some states in the U.S. are starting to experiment with feed-in tariff policies, but Wiser expects federal and state tax incentives will remain the primary drivers of the nation’s solar market.
Solar power still has a long way to go in terms of becoming a sizable chunk of the electricity generation in the U.S., but the signs are positive at this point. According to the SEIA report, by 2025, the country will need about 9,000 MW of installed capacity to meet various solar and renewable energy goals.
“In terms of solar contribution to the U.S. energy mix, I’m very bullish,” Wiser said.
“It was only a couple of years ago that you looked at the various renewable energy options, and after you finished talking about wind, it wasn’t really clear where you were going to go next. That’s no longer the case.”