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In shift, some-more homeowners are shopping solar panels than leasing them

More homeowners now name to buy solar row systems rather than franchise them, according to a new report.

Solar leases, that typically final adult to 20 years and keep a tenure of solar rooftop panels in third-party retailer hands, appearance in 2014, with 74% of solar-panel home business selecting that option. In a fourth entertain of 2016, however, a marketplace that had been fast relocating divided from leases jumped a shark, and usually 47% of homeowners chose leasing, according to a news from GTM Research.

“All signs indicate to a continued arise of patron ownership. Leasing was a required proxy resolution that sparked a strange expansion of residential solar, though a destiny is money and loans,” GTM settled in a report.

residential installations by tenure type GTM Research

There are a few reasons for a fourth-quarter flip from leasing to owning.

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