U.S. Solar Can Now Power 50 Million Homes, Including Yours on Long Island
U.S. solar now has enough capacity to power 50 million homes, according to the latest Solar Market Insight Report from the Solar Energy Industries Association. This comes off a strong second quarter where total installations across the nation reached 11.4 gigawatts.
Solar and battery storage contributed to 70% of total electricity-generating capacity added in the first half of 2026, beating all renewable and non-renewable sources.
The Q3 2026 Solar Market Insight Report reflects a growing demand for solar at grid-scale, and while the residential market is slowing, it’s still the perfect time to install residential solar panels on Long Island.
Why It’s Still Worth Switching to Residential Solar on Long Island
Homeowners in Suffolk and Nassau Counties pay some of the highest electricity rates in America. Solar makes sense on Long Island because it reduces energy spending while giving homeowners more energy independence.
Consider how a residential solar panel array could reduce your electricity bill:
- Solar panels generate electricity in the day, directly powering your home.
- Excess production is distributed to the grid, generating credits on your utility account.
- High-production periods offset your consumption during low-production periods.
The savings with solar panels are simple. You take less energy from the grid and receive a lower bill.
Residential Solar Offers a Long-Term Return on Your Investment
Solar panels are covered by a 25-year warranty, although many systems will produce electricity for up to 30 years. This creates a long period to recover your installation costs and generate a return on investment.
The payback period (savings equal to cost) usually occurs within the first 8 to 10 years. The savings after that go right back into your pocket.
Power Solutions Offers Multiple Pathways to Install Solar Panels
Power Solutions, one of Long Island’s best-rated solar contractors, offers two unique pathways to install solar panels.
- You can pay for a solar installation upfront or finance your system with no-money-down and an initial interest-free period based on expected solar tax credits. You will own the solar equipment.
- You can lease solar through the Participate Energy Program. Leased solar is commercially owned, but you have exclusive access to your system. Because it’s commercially owned, it qualifies for a 30% solar tax credit, which is applied as a discount on your prepaid lease.
Power Solutions will customize your installation to suit your energy needs, maximizing your long-term savings. We can install solar with an optional battery energy storage system like a Tesla Powerwall 3 to provide you even more flexibility and savings potential.
Solar is powering America’s energy future, and it can do the same for your home. Get a free ballpark solar estimate online or contact Power Solutions at (631) 348-0001 today.
