Full Title: The 50 States of Solar
Author(s): The NC Clean Energy technology Center and Meister Consultants Group
Publisher(s): The NC Clean Energy technology Center and Meister Consultants Group
Publication Date: November 1, 2015
Full Text: Download Resource
Description (excerpt):
Through the end of 2014, more than 600,000 homes and businesses had installed on-site solar.1 The residential market grew by more than 50% annually in 2012, 2013, and 20142—a trend that some experts predict will continue for 2015 and 2016.3 These systems generate approximately one-third of the total U.S. solar electricity production.4 Although other states have rapidly expanding distributed solar markets, California accounts for approximately half of all residential solar installations. Seventy-two percent of residential solar systems installed in 2014 were financed through a third-party ownership model (i.e., solar leasing or a third-party power purchase agreement (PPA)), although solar loan products are rising in popularity.5