Who are the top solar leasing companies in the country, and how do they differ in structure and business model? This article aims to answer these questions, examining some of the biggest solar lease providers in the US – SolarCity, Vivint Solar, Sunrun, SunPower and Clean Power Finance.
Community solar – the concept of leasing or owning a share of a large solar array rather than having a personal solar installation on your rooftop – continues to gain popularity across the continental United States. According to the Solar Energy Industry Association (SEIA), there will be a 1.8 gigawatt (GW) increase in installed photovoltaics from community solar arrays over the next five years. Minnesota, Colorado and California – the undisputed best states for community solar – will drive the majority of that growth. You might wonder, why are these states so ideal for roofless solar compared to the 47 others in the U.S.? Here’s how these community solar leaders rose to the top.
(Update: As of late 2018, NRG Community Solar operates independently under Clearway Energy.)
NRG Energy is one of the biggest builders of solar energy systems in the United States, including utility-scale, commercial, and home solar. In 2015, the company began building community solar farms for homes and businesses in the United States. In EnergySage’s NRG community solar review below, learn how it works, what NRG is offering, and whether community solar is the right option for you.