Falling PV prices and expanded financing options have contributed to a rise in rooftop solar deployment among lower-income households in the US in recent years, a new report from Lawrence Berkeley National Laboratory (Berkeley Lab) has revealed.
Although incomes of households that install PV systems tend to be higher than those of the general population, solar adoption has been slowly migrating toward less affluent households, according to the research.
Between 2010 and 2020, average solar adopter incomes in the US fell 17% from US$138,000 to US$115,000, thanks in part to programmes supporting low- to moderate-income (LMI) households and general market maturation.
