Skip to main content

Solar STAT Blog

This blog discusses state and local efforts to develop solar markets in the United States. With support from the Energy Department's SunShot Initiative, members of NREL's Solar Technical Assistance Team (STAT) author posts related to events, solar policy analysis, and technical assistance outcomes for the purpose of informing 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