THE NEXT YEAR IN SOLAR

5 Solar Energy Trends for 2016 in the Residential Market

Sarah Lozanova, January 7, 2016 (Triple Pundit)

The solar energy accounted for 32% of total new power generation in 2014, more than coal and wind energy though still less than natural gas. In just nine years, the installed cost of solar energy has fallen by more than 73%. In 2016, Vikram Aggarwal, founder and CEO of EnergySage, the Kayak of solar, expects [1] The unprecedented boom to continue, [2] Misinformation in the solar market to continue, with solar system owners saving a lot on utility bills, but the absence of this information limiting the marketplace, [3] a dizzying array of solar options in equipment, ownership and financing while solar installers continue to push one package and not be transparent about all the options, [4] Increased availability of solar financing options, making it much easier to obtain financing with low-interest loans at as little as no money down, and [5] solar homes continuing to generate an average 85% of their total demand from solar, and the average 7.9-kilowatt system saving roughly $2,000 on electricity costs each year. click here for more

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