What Does the Future of Residential Solar Look Like?
The solar industry in 2020 won't look much like the solar industry did in 2015. Only five years will have passed, but the way customers, utilities, and installers look at the business will be very different.
2015 was the last year Tesla's (NASDAQ: TSLA) SolarCity dominated the industry, using its financing prowess and scale to build THE dominant business in residential solar. Since then, Tesla has begun winding down SolarCity and national installers have lost market share to smaller rivals. Utilities have also fought back against rooftop solar by adding new fees and lowering the rate at which customers are compensated for exporting electricity to the grid. How companies adapt to these changes could determine their future.
Image source: Getty Images.
Source: Fool.com
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