Residential Solar Ownership (Cash & Loans) Will Surpass Leasing in 2017.
55% of residential solar is expected to be direct ownership in 2017, largely due to slowdown in SolarCity & Vivint and their PPAs.
In 2021, approximately 73% of all solar systems will be owned directly. See Soligent’s competitive loan financing!
Utility & State Solar Policy Changes Soared in Q3; 44 Utilities in 25 States Proposed Rate Hikes of at Least 10%.
117 policy actions considered in Q3 across 42 states. 44 utilities in 25 states proposed rate hikes of at least 10%.
Net metering changes were considered or enacted in 22 states.
Utilities were granted 53% of their requested increase in Q3. Read More.
Global Module Prices Fell by 33.8% Since 1st Half of 2016 From $3.16 to $2.89 for Residential Systems
Average global system costs for residential fell from $3.16 to $2.89 and for commercial from $1.85 to $1.62. Read More.
Net Energy Metering (NEM) Version 2 Kicked Off in PG&E Territory on Dec. 16; Expected to Have Limited Impact on CA Commercial Solar Project Demand
2409 MW Cap hit on 12/15
NEM Transition to v.2.0 is forecast to have limited impact on Commercial solar project demand in CA
Utah Awaits Major Net Metering Decision; Solar Applications Surge in first half of December for Grandfathered In Rates
Rocky Mountain Power is considering rates hikes on solar customers that would take the average customer monthly bill from $55 to 74.
Solar applications surged as residents tried to get applications in by Dec. 9, the proposed date for grandfathering existing lower rates. Read More.