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NREL Conduit Blog

The NREL Conduit Blog discusses research relevant to state, local, and tribal governments. Contributing authors provide posts related to events, policy analysis, and decision support outcomes to inform the market in a credible and timely fashion.

Unlocking Solar for Low- and Moderate-Income Residents: A Matrix of Promising Financing Options

March 26, 2018 by Jeffrey J. Cook

The residential solar market has seen robust growth through the expansion of rooftop photovoltaic (PV) and community solar projects. However, low- and moderate-income (LMI) customers have been under-represented among PV adopters, in large part because they face unique barriers including lower credit scores, limited savings to support upfront PV investments, and being more likely to rent than own their homes. Eliminating the impact of barriers could result in more equitable access to PV, while expanding the overall PV market. Continue reading