LAS VEGAS (KLAS) — Nevada is internet hosting the most important photo voltaic convention, RE+. Specialists shared the present challenges the photo voltaic business is dealing with and what it means for customers.
“While our projections for just how much solar is going to grow over the next few years have come down a little bit because of the legislation that passed this year, the solar industry is going to continue to grow both here in Nevada and nationally,” Sean Gallagher, Senior Vice President for the Photo voltaic Power Industries Affiliation, stated.
From federal cuts to rising tariffs, the photo voltaic business is dealing with some hurdles.
“2026 may be a struggle for a lot of people in the industry,” Norman Romero, Proprietor and CEO of Macano Tech, stated.
Earlier this yr, Congress minimize tax credit for a number of residence vitality upgrades, together with photo voltaic panels, years earlier than they have been initially set to run out. Romero stated that’s inflicting a rush amongst householders.
“You do see a real surge for people to try to buy right now,” Romero stated.
Nevada ranks sixth within the nation for complete solar energy and third in residential photo voltaic per capita, exhibiting simply how a lot demand is right here amongst householders.
“There’s a great demand at the state level for all kinds of solar power,” Gallagher stated. “Today in Nevada, about 144,000 residential customers have rooftop solar and we expect that number to go up.”
Gallagher stated with the tax credit ending quickly, now could be the time to behave. Regardless of rising prices from tariffs and decreased federal funding, he stated there’s nonetheless numerous vitality within the business.
“We took a licking this year in the federal legislation, but we keep on ticking,” Gallagher stated.
The tax credit score for customer-owned residential photo voltaic expires on the finish of the yr.
