**Why 2024 is Poised to Be a Bright Year for Solar Energy and Homeowners**
The solar industry continues to evolve at an impressive pace, with 2024 promising a host of breakthroughs and opportunities for homeowners and businesses alike. Whether you’re considering solar panels for your home or you’re just keeping tabs on new energy developments, the road ahead looks sunny (pun intended). With lower wholesale electricity prices, an expanding solar manufacturing base in the U.S., and federal investments in infrastructure upgrades, this could be the perfect time to explore going solar. Let’s dive into some of the most exciting developments shaping the solar landscape.
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**Lower and More Stable Electricity Prices in 2024: A Win for Solar**
Wholesale electricity prices are expected to be not only lower but more stable in 2024 compared to recent years, thanks to the rapid expansion of solar power and battery energy storage systems. These technologies are reducing the reliance on volatile fossil fuel markets, particularly for natural gas. Lower electricity prices could make the economic benefits of a solar array for your home even more compelling, as homeowners can lock in energy savings by generating their own clean electricity.
Additionally, solar companies continue to advance battery energy storage systems, which means your solar array can do more than just
Original Article: https://pv-magazine-usa.com/2025/01/17/sunrise-brief-just-a-fraction-of-federal-land-could-power-carbon-free-future/
