Accord Power and Accord Power Solutions: Building Solar in a Post-ITC World
As the solar industry enters a new and more challenging era, Accord Power is preparing for the next phase of solar development, sales, and construction.
For many years, the federal Investment Tax Credit has been one of the most powerful drivers of solar adoption in the United States. It has helped improve project economics for homeowners, businesses, nonprofits, and developers, making solar more accessible and financially attractive across the country. As the incentive environment changes and the industry moves toward a post-ITC world, solar companies will need to adapt, innovate, and find new ways to deliver value to customers.
Accord Power, together with newly formed Accord Power Solutions, is strategically positioned to continue developing, building, and maintaining renewable energy projects throughout New York and New Jersey.
Keith Steele, from Accord Power Solutions, said the company is focused on meeting this moment with discipline, innovation, and expanded capabilities.
“We have faced many challenges over our 17 years in business, and we have overcome each one while continuing to grow,” Steele said. “We will meet this challenge head-on by focusing heavily on battery storage solutions, both for new solar installations and existing solar projects. Storage allows us to create new business strategies, strengthen project value, and continue making solar one of the most beneficial renewable energy products available.”
As the solar market evolves, Accord Power is expanding its services beyond traditional solar development and construction. The company’s growing focus includes Operations and Maintenance, battery energy storage systems, EV charging infrastructure, and broader electrical contracting services. These services reflect the company’s belief that clean energy will remain an essential part of America’s energy future as customers, utilities, businesses, and communities continue the transition toward cleaner, more resilient energy solutions.
“We will continue to work with our development partners while also developing our own projects organically,” Steele added. “At Accord Power, we are confident that we will help lead the renewable energy industry for the next 20 years by developing new concepts, creating brighter ideas, and exploring new opportunities.”
As part of this next chapter, Accord Power is proud to announce the acquisition of Power Solutions Electrical Contractors, forming Accord Power Solutions in New Jersey. Power Solutions has served the New Jersey market for more than 30 years as a general electrical contractor and has partnered with Accord Power on numerous projects throughout the state.
This acquisition strengthens Accord Power’s ability to operate as a vertically integrated renewable energy company, providing design, engineering, electrical contracting, construction, and long-term service capabilities under one umbrella.
With Accord Power and Accord Power Solutions working together, the company is better positioned than ever to meet the changing needs of the renewable energy market. By combining solar development, battery storage, EV charging, operations and maintenance, and general electrical contracting, Accord Power is building a stronger platform for the future of clean energy in New York and New Jersey.
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