27 Jun '17, 4pm

Residential Solar Services Are Coming of Age as Financing Evolves

Residential Solar Services Are Coming of Age as Financing Evolves

The residential solar market is flipping in favor of cash and loan sales in 2017, after years of leases and power-purchase agreements dominating the landscape. But it’s not just the financing portion of the pie that’s evolving. Third-party-financed home solar systems have fallen out of favor , largely driven by cheaper overall prices, the fact that countless smaller installers are now offering loans and because solar PV is proliferating in new U.S. markets, where third-party financing is unavailable. The evolution is raising opportunities and challenges for how to provide services for solar systems, and their owners, in the coming decades. “There was an assumption installers would service every system they installed, because that was the only viable option in the early days,” said Greg Sellers, VP of residential services at SunSystem Technology . As the long tail of solar ...

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

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