The solar lease has become a huge driver of revenue from solar installers such as SolarCity (SCTY +0.00%) and SunPower (SPWR +0.00%). But equity financing that takes advantage of tax credits is becoming a limiting factor to industry growth. One alternative is the solar loan, something SunPower recently unleashed in Australia. Solar analyst Travis Hoium covers why this and other financing options are so important to solar growth.
Financing for residential solar will be a key to industry growth.
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.