15 Mar '18, 6am

US Residential and Utility-Scale Solar Markets See Installations Fall for the First Time

US Residential and Utility-Scale Solar Markets See Installations Fall for the First Time

Arizona saw a similar installation increase last year as customers sought to take advantage of retail rate net metering credits in Arizona Public Service territory before new, less favorable rates took effect. According to Perea, Arizona’s residential solar market would likely have been flat or even declined last year without the policy change incentive. “With few exceptions, markets that have surpassed the 4 percent to 5 percent market penetration threshold are experiencing heightened customer-acquisition issues as the pool of attractive early-adopter customers grows increasingly thin,” the report states. “While the relationship between market penetration and growth does not fully explain the market downturn, GTM Research believes it is increasingly becoming a factor in constraining growth amongst major state markets.” Business model shifts among the major solar installer...

Full article: https://www.greentechmedia.com/articles/read/us-residenti...

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