Emerging Technologies: Leasing Residential PV Systems PDF

Leasing of residential photovoltaic (PV) systems is rapidly gaining in popularity. By providing a one-stop shop for PV system installation and operation and greatly reducing the upfront cost, leasing by third parties can eliminate major barriers to adoption of residential PV systems. While subsidies associated with PV leasing have been criticized in the past for being unduly expensive for taxpayers, increased competition among leasing companies has led to a drop in lease prices as well as to a reduction in the associated tax credits. Emerging Technologies provides an overview of leasing and its market potential.