A teetering U.S. residential solar industry may now be on the brink of collapse. Faced by macroeconomic challenges and shifting sands of state and federal policies, an industry once defined by double-digit growth in installations is experiencing steep declines โ and the latest draft of the One Big Beautiful Bill Act makes things far worse.
The latest draft of the bill is bad all-around for clean energy, but it is particularly damaging to residential solar, cutting federal tax credits far sooner than expected.
Residential solar installations declined 31% in 2024. Over the last year, industry titans like SunPower, Sunnova, and Mosaic Solar have filed for bankruptcy.
The industry historically has leaned on the value proposition of lowering customer electricity bills and providing predictable costs for the long-term. However, that value has been increasingly difficult to provide.
That path requires oligarchist monopoly utilities to have less influence on oligarchist political parties. Biden's approach of creating a new green energy manufacturing oligarchy protection doesn't help with low prices that could be achieved if main utility monopoly obstruction to home solar were removed. FF Oligarchy assists utility monopolies in their lobbying for centralized power production. It is not within US political corruption overton window to help citizens escape extortion.