4Q Solar Permits Tracking Right In Line With Expectations; +15% Sequentially [Solar Permit Weekly]
Weekly Observations So far, solar permit seasonality tracking right inline with last year Q4 total up ~10% compared to a year ago and up 15% sequentially (inline with company guidance) If the last three weeks of the year stay above 250 per day, this sets up for very strong Q1 and would also suggest that […]
October Strength On full Display Across The US Market [Solar Permit Weekly]
Weekly Observations Weekly permits have continued to be strong through October. Still picking up some from last week, but October will likely be record high month when complete October is tracking up 17% compared to a year ago. Strength has generally been across the board, with Texas an Midcon being standouts (were starting […]
After Another Uptick, The Residential Market Is Firmly Above 2019 Highs [Solar Permit Weekly]
Weekly Observations Another solid pickup w/w, and now firmly above the highs of last year October also off to strong start – up 12% compared to a year ago YTD now up ~3% y/y – on track to be up 5-10% for full year 2020 (assuming momentum carries through next 6 weeks) Join […]