New Solar Power Energy Factory Breaks Ground in Louisiana
America’s solar industry is expanding rapidly, with manufacturers investing billions into new manufacturing facilities. The latest solar power energy factory started construction in Louisiana this September. A $1.1 billion investment will add 3.5 gigawatts of production capacity, helping to improve and secure the wider domestic supply chain.
It’s great news, even for people considering solar power in New York. More domestic production means more availability in the market, fewer delays, and potentially better prices for solar panels.
Why are we Suddenly Seeing More Solar Power Energy Factories in America?
Even just when looking at the headlines, it’s clear to see that America’s solar panel manufacturing capacity has expanded significantly in the last year. While the majority of the panels used in America are imported, this is set to change.
This is largely thanks to the Inflation Reduction Act of 2022. This law created funding that incentivized manufacturers to move their operations stateside. There’s also the fact that solar tariffs will eventually be reintroduced, so importing panels will become unfeasible in many cases.
The Louisiana factory is one of many that have started development in the last 12 months. Major manufacturers including Q Cells (one of our trusted solar suppliers) have started to develop their manufacturing capabilities in preparation for the reintroduction of solar tariffs.
Considering the benefits, this is probably the best thing that could have happened in the industry. Solar companies will employ tens of thousands of people and will source components and materials from within the United States. Solar companies like New York Power Solutions will have better access to solar panels for installations. Families that want to install solar will also have confidence knowing that there won’t be significant supply chain issues that could potentially disrupt their installation schedules.
It’s likely that even more manufacturers will build facilities in the United States within the next five years. America is one of the fastest-growing markets for solar, so it makes sense that there would be a strong manufacturing presence here.
Will Anything be Different for Your New York Solar Installation?
IF you’re thinking about getting a New York solar installation, the news won’t change anything on your end. New York Power Solutions is a trusted installer of solar power in New York. We have access to highly efficient solar panels at competitive rates, thanks to our large supplier network. Our installations combine value, savings, and reliability.
We’re ready to get started on the consultation process for your solar installation.
A Cost/Benefit Evaluation Tells You What Solar Power in New York is Worth
Solar power in New York will help you to save by reducing your utility bill. You’ll use less electricity from the grid, thanks to your solar panels. You can even export the excess that your panels produce, to spin your electric meter in reverse on days when the sun shines strong and long.
Understanding the value of solar as an investment is important. We can help by providing a detailed cost/benefit analysis. This will look at the long-term savings vs. the cost of installation and solar financing. You’ll get a clear idea of whether solar is right for your home.
We provide the information. You make the choice.
Get Your Free New York Solar Estimate
America’s solar industry is expanding. A new facility is now underway in Louisiana. The future of the solar industry is bright. It’s time to learn more about the cost of solar for your home.
Solar power energy generation is the most eco-friendly, efficient, and affordable way to power your home. Get your free solar estimate from New York Power Solutions today.