New research from Wood Mackenzie has found that solar loans were the preferred and dominant financing solution for residential solar systems in the United States through the first half of 2018, accounting for 42% and outperforming third-party-owned solar systems for the first time.
New research from GTM Research suggests that direct ownership of residential solar systems through solar loans will continue to outpace solar leases as the leading consumer financing option for residential solar in 2018.
Leading American solar loan financier Mosaic has announced a series of moves, including the closure of a $250 million warehouse facility, which has resulted in more than $550 million in new loan funding capacity.
More people in the United States are deciding to buy outright their residential solar systems rather than lease solar panels from a third party, and new figures from GTM Research suggest that direct ownership will overtake solar leasing for the first time since 2011 next year.
Originally published on the ECOreport. The days when close to 70% of California’s residential solar installations were leased may be over. Tara Kelly, chair of the San Diego chapter of CALSEIA, said most residential customers now prefer owning solar panels. Residential Customers Prefer Owning Solar Speaking for her own employer, where … [continued]
US solar energy provider SolarCity has launched a new solar loan program into 14 new states across the US, making it possible for consumers to immediately pay less for solar than they do for their traditional electricity bills. SolarCity announced the move this week, unveiling its new solar loan program into … [continued]
Leading rooftop solar company Vivint Solar and leading solar lending platform Mosaic are offering loans to Utah solar energy customers. Vivint Solar has had a busy few months, not the least of which was its strong third quarter earnings reported back in the middle of November, which saw the company … [continued]
Originally published on Solar Love. A couple of months ago, I wrote an article about SolarCity’s “shockingly high MyPower prices” compared to competitors’ prices. The article was based off of an analysis by Pick My Solar. There’s a Part 2 to the story, though. Unfortunately, it’s no prettier. Let me … [continued]
Generally speaking, solar power, wind power, and electric vehicles have so many benefits and are so much better than currently dominant technologies that I think it’s inevitable they will take over their respective markets. But that’s not to say that they haven’t faced big barriers and don’t continue to face big barriers. … [continued]
One of the top solar energy system providers in the US, SolarCity, will soon be offering its popular MyPower solar loan program in the state of Maryland. As the MyPower loan is arguably the “most affordable” solar loan currently offered in the country — generally, there are no upfront costs … [continued]
