Every year for the past three years, global photovoltaic solar panel installations have set new records. What should make investors perk up even more, though, is one subset of the industry that is growing even faster: distributed solar panel installations by third parties. A great indicator of this growth is found in California today. While distributed solar panel installations have more than doubled since 2010, installations by third parties have increased tenfold. Today, third-party installations represent 70% of all distributed installations in the state.
So what makes third-party installations more attractive for homeowners and businesses that could cash in that federal tax credit? In the video below, Fool contributors Tyler Crowe and Aimee Duffy discuss why this is becoming such an attractive option for individuals and why it makes a good business model.
More Valuable than Oil?
Interested in the conservation of natural resources? Then you owe it to yourself to discover the most precious resource in the history of the world. It's not gold. Or even oil. But it's more valuable than both of them. Combined. And here's the crazy part: one emerging company already has the market cornered. If you want to know what makes this so important, check out our special report The 21st Century's Most Precious Natural Resource. Simply click here and we'll give you free access to this valuable report.
Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe owns shares of SolarCity. You can follow them both on Twitter @TMFDuffy and @TylerCroweFool, respectively.
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