residential solar

“In the United States, very much so in many jurisdictions throughout the country, certainly in the utility space, it's seen as a threat, not an opportunity, and so when you see it that way, there's more and more hurdles that get created to go through for a cust…”

“When you think of customer acquisition costs, you have to think of the process to getting a customer to installation, so it's not just the process of getting the customer interested in solar, right? It's the customer of really, the cost of getting them through…”

“The game of just putting dumb solar in people's houses, you know, providing them a loan, right? Making money on that loan, right? And it's a securitization story, right? So you get debt from Wall Street, and then you own the equity slice, and then you try real…”

“Yes, this is an incredibly interest rate sensitive product. Interests go up. That is the principal driver of raising prices.”

“Sunrun, for example, the market leader, is actually up year-to-date in the public markets after taking more of a beating in twenty-twenty-four.”

“It doesn't appear to be a growth sector anymore. It's a sector and, you know, overall volumetric decline potentially for several years in a row.”

“If you're talking roughly 40% tax credit to begin with, and you roll that off, You know, you're effectively talking about ballpark a three cent a kilowatt hour increase in pricing, right?”

“As we see the tax sort of come out, you're going to see that spread, that difference in how you know, you price residential solar in the U.S. Start to come up, right? The dealer markups and the like start to come down.”

“Making sure that you're very diligent to keep the maturity profile and give yourself a lot of latitude is, is truly important. I think that's really what ended up being a critical factor for at least a couple of the major bankruptcies in the last few years. Ju…”

“We've seen bankruptcies from major players like Synova and Mosaic, and many smaller players have exited the market as well.”

“What caused the Inflection for residential solar in the late 2000, which is really when the market started to take off was financing. It was when solar city and sun run and sungevity and all these companies introduced the like PPA and lease model.”