# **The State of the Residential Solar Market in 2024 and Beyond**
The residential solar market has experienced a downturn in the past year, and recent financial reports from solar companies reflect these challenges. However, there are signs of stabilization and strategic shifts that could reshape the future of solar energy in the U.S.
## **Understanding the Residential Solar Market Downturn**
Over the past year, residential solar installations have slowed due to multiple factors, including rising interest rates and policy changes such as California’s NEM 3.0. Homeowners who once saw solar as an easy financial decision are now considering return on investment with more scrutiny. Despite these challenges, many solar companies have adapted by optimizing their operations, expanding U.S. manufacturing, and diversifying their product offerings.
## **Why U.S. Manufacturing Matters for Solar**
One of the key takeaways from recent industry shifts is the growing emphasis on American-made solar products. The Inflation Reduction Act has incentivized solar companies to manufacture domestically, with significant investments in U.S. production facilities. This move helps stabilize supply chains and supports job growth in the renewable energy sector. For homeowners, buying American-made solar panels for your home often means better quality control and more reliable energy
Original Article: https://pv-magazine-usa.com/2025/02/05/enphase-full-year-revenues-down-42/
