2016 was a great year for the solar industry market. As a matter of fact, the industry nearly doubled since 2015 with 14,626 megawatts of PV installed. Despite the success that last year’s solar energy installations were driven by utility scale projects, commercial and residential markets have also experienced solid growth throughout the US. 95% increase is due to the extension of the Federal Investment Credit and utility companies integrating solar as an energy resource.
It’s been known that one the most significant policies toward renewable energy growth in the U.S. is the tax credit that’s awarded to those that go solar. Set to expire in 2019, the solar industry may have not had such a success if it the Investment Tax Credit (ITC) was never deployed. If you have purchased your solar system, the you’re automatically entitled to receive this federal tax credit which is why it’s important to file for the credit for the year that you’ve installed it.
LA Solar Group's growth in the last 3 years demonstrates their determination to be the leader in solar energy. The company has recently opened offices in Bakersfield, CA as Kern Solar Group and Fremont, CA as Bay Solar Group to allow homeowners in those areas the opportunity to receive the same high level of service, quality, and support in their switch to renewable energy.