Top Reasons to Go Solar Before 2021 Ends
(Sponsored) Thinking of making the switch? Local solar expert RevoluSun shares why now is the best time to upgrade your home.
If you haven’t installed solar yet, the best time to make the upgrade is now. RevoluSun, local solar experts, share why demand for materials, current incentives and a “chip” shortage mean acting quickly to install solar should be a top priority.
Lithium and cobalt are rare materials that are in high demand for items like batteries and electric vehicles. These same materials are used in residential solar battery systems and the price is on the rise. In fact, a recent study by the International Energy Agency indicated that demand for “lithium, used in EV batteries, is expected to grow 70 times in the next few decades.” That means prices will rise significantly in the future.
There’s a lot of misinformation regarding financial incentives and solar installation. The 26% tax credit will drop by a full 4 percentage points by 2023 and state tax incentives may disappear quickly, as well. To take advantage of incentives, you need to act quickly.
2020 and 2021 have both revealed shocking shortages in our supply chain. Microchips and semiconductors, which show up in everything you use from air conditioning units to phones and solar products, are subject to spiking demand and production delays. These shortages will affect pricing as we head into the second half of the year. Acting slowly means paying more for your system.
All that said, RevoluSun has never had a client say that they should have waited to install solar; instead, they all say they should have installed sooner. Considering all of these factors, don’t wait to call a local expert who’s been around for a long time—contact RevoluSun at (808) 748-8888 today to get started.