- This Week. Permit activity continues to trend upward (+5% W/W), despite slow weeks from two of our Solar Cities (Los Angeles -22% W/W and Albuquerque -48% W/W). Our best performing regions were the Northwest and Texas at +17% W/W and +20% W/W, respectively.
- This Month. After a slow Q1, residential solar permits have taken a significant step up in April. Specifically, the number of visible permits has climbed 6% m/m in April and tracking up 15+% compared to Q1. Assuming continued (modest) improvement in May / June, Q2 permits would easily hit 20% growth sequentially.
- Best Performing Cities. Among our top performing cities were: San Jose +33%, Denver +22%, and Austin +62%. Permit activity has been particularly strong in Denver this quarter, as the city has had three straight weeks where activity has trended up at least +20% W/W.
- New Cities. This past week, we have added new data from additional cities into our residential solar model. We are now tracking real-time permits for 81 cities with additional visibility to over 50% of the residential solar market.
Join Lium For Free And Get Industry Situation Briefs Like This Sent To Your Inbox… Or Check Out Our Premium Membership Plans Here To Explore The Underlying Data, Predictive Models, In-Depth Reports & More…