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U.S. Residential Solar Grows 24% in Third Quarter


Wood Mackenzie's latest market insights report shows that in the first three quarters of 2023, U.S. residential solar installed capacity increased slightly, with a year-on-year increase of 24%.

The growth is driven by improved supply chain constraints in 2022 and a more profitable rate structure for solar installations ahead of California's April transition to NEM 3.0, a new net metering policy.
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