23 Jun '14, 7am

Share of third-party solar PV systems in residential U.S. market to peak in 2014 #solar

The share of third-party-owned (TPO) solar photovoltaic (PV) systems will peak in the U.S. residential market at 68% in 2014 and fall in the following years, according to a new report by GTM Research (Boston, Massachusetts, U.S.). “U.S. Residential Solar Financing: 2014–2018” predicts that the rise of residential solar loan programs and other financing mechanisms such as property assessed clean energy (PACE) will bring the market back towards direct ownership, which it expects to return to 37% of installations in 2018. “Solar loans are becoming widely available with many more options to choose from than in the past, and declining systems costs are making direct ownership affordable for more homeowners,” said GTM Research Analyst Nicole Litvak, the report’s author. “As a result, the share of third-party-owned solar has already begun to come down in leading state markets, in...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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