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Hefty Third Party Solar

Major chunk of renewables financed by tax subsidy seekers

One-third of solar generation in private ownership is held by third party investors, government figures show.

Of the 12.3 gigawatts of solar power in America  not generated at large installations owned by utilities,  3.7 gigawatts is owned by third parties, reports the U.S. Energy Information Administration.

U.S. Energy Information Administration

U.S. Energy Information Administration


Third party investors support solar investments to capture tax benefits and cash flow, enabling building tenants and owners, along with homeowners, to tap the renewable energy resource with little upfront cost.

Third party owners are responsible for 44 percent of the solar capacity among homeowners, compared to just 11 percent for the commercial and industrial sector, according to the EIA report.

Some states do not allow residential customers to lease solar equipment.

States Allowing Solar Leases and PPAs. Solar leasing is prohibited in red states and not available in gray states. /// solarpowerrocks.com

States Allowing Solar Leases and PPAs. Solar leasing is prohibited in red states and not available in gray states. /// solarpowerrocks.com


 

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