The Income Gap Among Households With Solar Panels Is Shrinking, Study Finds – By CNET Staff (CNET) / Dec 18, 2023
Solar panel owners are still more likely to have higher incomes and live in wealthier states, but a few trends are changing things.
Rooftop solar panels continue to be more popular among Americans with above-average incomes, but that trend is changing, according to a new report.
The median household income of a solar adopter in the US was about $117,000 in 2022, researchers from the Lawrence Berkeley National Laboratory found. By contrast, the median income for all households was $69,000, and $86,000 for all owner-occupied households.
While the typical household with solar panels was wealthier than the average household, that trend is changing just a bit. In 2010, the median income for a solar adopting household was $140,000