72% of US Residential Solar Installed in 2014 Was Third-Party Owned - But Direct ownership is set to overtake third-party ownership by 2020

Source: GT Research

Source: GT Research

Via GreenTech Media

Of the 1.2 gigawatts of residential solar installed in the U.S. last year, 72 percent was third-party owned (TPO) in the form of leases and PPAs. The remainder was directly owned by the customer, much of it through loans. That’s according to the newest report from GTM Research, U.S. Residential Solar Financing 2015-2020.

GTM Research forecasts that by 2020, direct ownership will surpass third-party ownership in the U.S. residential solar market, accounting for 54 percent of the forecasted 5.2-gigawatt market.

Read the full report here: