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Solar Companies Look to Non-Traditional Financing to Meet Growing Demand

Posted On 05 Mar 2014
By : Solar Project
Comment: Off
Forbes, “What Can Solar Companies Do to Woo Homeowners in a Booming Solar Market?”, March 5th, 2014

The residential solar market experienced a tremendous growth spurt in 2013 with a 41% increase over 2012 and forecasters are expecting a 26% growth for 2014.  The increase in residential demand is creating competition among solar companies who are now looking to non-traditional financing options to increase their appeal with consumers.

  • California startup Mosaic to partner with installer RGS Energy and provide a loan program for residential customers
  • Leasing solar equipment continues to be a popular choice for residential solar installations and involves little money upfront
  • 30% Federal investment tax credit driving more customers to the solar market.

ARTICLE LINK: Forbes

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