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Title: Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry

Abstract

The US residential solar photovoltaic (PV) installation grew from fewer than 100 firms in 2000 to about 3000 firms by 2016. The rapid expansion of this emerging industry prompts questions about the installation industry's market structure, such as how market shares are distributed among installers and how interinstaller competition affects PV deployment. This article leverages a rich dataset to describe trends in the evolution of the US residential PV installation industry. The data show that most residential PV installers are relatively small companies, with about half of installers installing fewer than 5 systems. At the same time, a subset of high-volume installers have accumulated market share, especially from 2010 to 2016. Furthermore causes of this recent market concentration are explored, with an emphasis on the role of the emergence of alternative customer financing options in the United States.

Authors:
ORCiD logo [1]
  1. National Renewable Energy Lab. (NREL), Golden, CO (United States); Univ. of Wisconsin, Madison, WI (United States)
Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Solar Energy Technologies Office (EE-4S)
OSTI Identifier:
1478620
Alternate Identifier(s):
OSTI ID: 1441223
Report Number(s):
NREL/JA-6A20-71337
Journal ID: ISSN 1062-7995
Grant/Contract Number:  
AC36-08GO28308
Resource Type:
Accepted Manuscript
Journal Name:
Progress in Photovoltaics
Additional Journal Information:
Journal Volume: 26; Journal Issue: 11; Journal ID: ISSN 1062-7995
Publisher:
Wiley
Country of Publication:
United States
Language:
English
Subject:
14 SOLAR ENERGY; 29 ENERGY PLANNING, POLICY, AND ECONOMY; installation; market concentration; solar; market structure

Citation Formats

O'Shaughnessy, Eric J. Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry. United States: N. p., 2018. Web. doi:10.1002/pip.3030.
O'Shaughnessy, Eric J. Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry. United States. doi:10.1002/pip.3030.
O'Shaughnessy, Eric J. Mon . "Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry". United States. doi:10.1002/pip.3030. https://www.osti.gov/servlets/purl/1478620.
@article{osti_1478620,
title = {Trends in the market structure of US residential solar PV installation, 2000 to 2016: An evolving industry},
author = {O'Shaughnessy, Eric J.},
abstractNote = {The US residential solar photovoltaic (PV) installation grew from fewer than 100 firms in 2000 to about 3000 firms by 2016. The rapid expansion of this emerging industry prompts questions about the installation industry's market structure, such as how market shares are distributed among installers and how interinstaller competition affects PV deployment. This article leverages a rich dataset to describe trends in the evolution of the US residential PV installation industry. The data show that most residential PV installers are relatively small companies, with about half of installers installing fewer than 5 systems. At the same time, a subset of high-volume installers have accumulated market share, especially from 2010 to 2016. Furthermore causes of this recent market concentration are explored, with an emphasis on the role of the emergence of alternative customer financing options in the United States.},
doi = {10.1002/pip.3030},
journal = {Progress in Photovoltaics},
number = 11,
volume = 26,
place = {United States},
year = {2018},
month = {6}
}

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