Solar Permits Rebounding Off Seasonal Lows [Solar Permit Weekly]
Weekly Observations For the week ended 1/8/2021, total permits increased by 32%, rebounding off their seasonal lows. Compared to the same week a year ago, permits are tracking up 14% Recent growth has been most robust in the Rockies and Southwest, particularly in areas like Denver, Salt Lake City, and Albuquerque. Meanwhile, Texas and the […]
Residential Solar Is Finishing 2020 STRONG [Solar Permit Weekly]
Weekly Observations Weekly permits holding up very well in first half of December. By this time last year, permit activity was already softening before hitting the hard landing into Christmas + New Years Compared to a year ago, permits are ~13% higher….which will likely come down to 8-10% after the slow next 2 weeks. West […]
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 […]
November Resi Solar Demand Holding In Near Record Highs [Solar Permit Weekly]
Weekly Observations November still holding up at record high in the 350/day range Mostly West coast and Southwest as drivers – everywhere else good too, just not as good Next 2 weeks will be important to watch. Last year, permits dropped 10% on Thanksgiving, then continued to decline through the 2nd week of January Join […]
Weekly Permits Pause, Catch Breath After Running Hard Past Few Weeks [Solar Permit Weekly]
Weekly Observations Weekly permits held flat this week – been running pretty hot since mid-September Texas, Midcon, Rockies experiencing the most growth in permit activity last few weeks. West coast firm as well, but coming off much higher base From seasonal standpoint, should see permit levels start falling as we get deeper into November Join […]
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 […]
Call It A Comeback… Solar Permits Returning To The Peak [Solar Permit Weekly]
Weekly Observations Solar permits bumped up again this week, now close to the highs of 2019 @ 1,400/week. For September, another sequential increase, and marked the first YoY gain vs last year. East Coast and Southwest have been strongest. Should set up for strong installations in Q4 For YEAR IN TOTAL, solar permits on track […]