Weekly Permits Hold After Sharp Rebound [Solar Stats]
Weekly Observations This Week. Permits were roughly flat following a big jump in the previous week. Texas was the strongest for the second straight week following the winter freeze. El Paso and Austin have been the drivers. March. For March, permits are tracking up 5% compared to February and up 17% compared to year ago levels. […]
Residential Permits Sharp Rebound [Solar Stats]
Weekly Observations This Week. Recovering from last week’s weather, residential solar permits rebounded sharply, improving 20% w/w. Texas was the biggest gainer this week, with double the number of permits compared to the previous week and the highest weekly count since October. February / March. For February, permits landed up ~15% compared to January and […]
Down Activity Week With Bad Weather [Solar Stats]
Weekly Observations This Week. After being firm for most of February, weekly permits declined by ~5% last week, primarily due to weather slow downs in Texas and Midcon. On the positive side, the Southeast / Florida was a notable standout last week, particularly with mid-tier installers like Posigen, Sunpro, and Blue Raven (publics have low exposure […]
Steady Gains In February [Solar Stats]
Weekly Observations This Week. Residential solar permits increased by 5% this week. Strength in the Southeast (Orlando, New Orleans), Rockies (Denver), and California was offset by lower permit filings in Texas and the East Coast February. For February, permits are tracking up almost 15% compared to January and year ago levels. Q1’21. Half way through Q1’21, […]
Resi Solar Permits Flat This Week [Solar Stats]
Weekly Observations This Week. Residential solar permitting remained flat after last weeks big jump. Texas market was strongest this week, particularly in Austin and El Paso. Jan / Feb. For January, permits ended up roughly 7% compared to a year ago (down ~20% versus the Q4 average – January is typically the lowest permit month of […]
Resi Solar Pop (after slow start) [Solar Stats]
Weekly Observations This Week. After a slow start to the year, permit activity improved sharply this week, up 20% compared to the prior week. This weeks boost was driven by the central region in cities like Chicago and Indianapolis as well as the Southeast (New Orleans). All other regions increased as well. Jan / Feb. […]
Residential Permits Take A Breather [Solar Stats]
Weekly Observations After a jump in early January, permits took a breather this week, falling 8% compared to the prior 7 days. Meanwhile, the 4-week average has now turned positive (up slightly on the week) as we get past the low holiday data. For January in total, the number of permits are tracking down ~20% […]
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 […]
