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US Residential Solar Market Slides for the First Time in 16 Years

The U.S. residential solar market is projected to contract in 2017 after at least 16 straight years of growth, reflecting a shift in sales strategies by some major installers and increasing pressure from utilities to adjust incentives.

Installers will add 2,263 MW of residential systems this year, down about 2.4 percent from 2,319 MW in 2016, according to a report released Thursday from Bloomberg New Energy Finance. That follows gains of about 20 percent last year and almost 48 percent in 2015.

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