Positive Expectations, Enormous Potential For U.S. Solar Thermal
Equipment manufacturers, installers and end-users alike will benefit from robust incentives and new avenues of market diversification. The global financial crash that began in fall 2008 has slowed the growth of the solar thermal industry in the U.S., but not its optimism. Despite the opportunity to replace millions of traditional electric and oil hot water systems in the U.S., the solar thermal market only began to grow again in 2003, with the introduction of tax credits.