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EmailThird-party ownership leading PV-financing model in U.S.
Total announced funds for U.S. residential solar projects now $3.6 billion; $350 million already in 2013
Third-party ownership (TPO) has become the leading finance model across the big residential markets in the U.S., according to GTM Research's recent report, "Residential Solar PV Financing: The Vendor, Installer and Financier Landscape, 2013-2016." The report states, “Third-party financed residential installations comprise greater than 50 percent of new capacity in California, Arizona, Colorado, and Massachusetts, with the model gaining greater market share in other states such as Connecticut, Hawaii, Delaware, Maryland, New Jersey, New York, Oregon, Texas, Vermont, and Washington.”
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