Pekic/E+/Getty images
Why trust SaveOnEnergy?
Learn MoreAt SaveOnEnergy, we work to offer accurate information with editorial integrity. Our partners do not direct our editorial content, though we may reference their products in our posts. Read more about how we make money.
Key Points
- Millennial homeowners are nearly six times more likely to own solar panels than baby boomer homeowners
- Millennial homeowners also anticipate paying off a solar loan of $20K three times faster than baby boomer homeowners
- High-income homeowners have a better understanding of solar incentives and the cost of solar compared to lower-income homeowners
Ready to go solar? Call 877-307-7668 to be connected with a solar expert today!
| Before Incentives | After Incentives | |
|---|---|---|
| Baby Boomers (ages 57-75) | 30% | 38% |
| Generation X (ages 41-56) | 23% | 32% |
| Millennials (ages 25-40) | 15% | 23% |