Nayar: A big part of the solution is to design a community solar policy that enables more LMI households to have access to subscriptions. These subscriptions are short term and can be protected even if the households’ occupants were to move. Enhanced community solar programs will drive the development of more projects by decoupling the need to have bankable corporate PPAs signed before the development of the project begins.
We also see the rapid decline in storage costs driving growth in the solar market. Storage will allow solar energy to be available for longer periods within each day to better match demand. Solar energy produced on-site or near the point of use is a significantly cheaper source of power for consumers and they are already demanding greater access to it.