Solar Index

June 2017

Report Analysts: David Rather and Casey Anderson
For more information on our research, please email casey@ohmhomenow.com
Solar Index Overview
• OhmHome’s Solar Index analyzes solar permit data on a monthly basis for
geographies in which the data is readily available

• The Solar Index currently covers most major solar markets spanning 17 states and
over 40 cities. The states included in the Solar Index represent more than 85% of
the total market

• The Solar Index is meant to be a sampling that is representative of the market to
provide real-time insight into the residential and commercial solar market
performance

• For more information on our research, please email
casey@ohmhomenow.com

Subscribe to OhmHome’s Solar Index

2
States and Cities (Ohmhome Links)
West Northeast
• California: San Diego, San • New York: New York City
Jose, Sacramento, Los Angeles, • Connecticut: Hartford
Riverside • Vermont: Burlington
• Nevada: Reno, Henderson, Las • Massachusetts: Boston,
Vegas Springfield
• Oregon: Portland, Eugene • Pennsylvania: Pittsburgh,
• Washington: Seattle Philadelphia
• Colorado: Denver, Fort Collins,
Aurora Southeast
• Utah: Salt Lake City • Maryland: Baltimore, Rockville,
Southwest Gaithersburg
• Arizona: Phoenix, Scottsdale • Florida: Miami, Tampa, Cape
• Texas: Dallas, Austin, San Coral City, Gainesville
Antonio, El Paso, Houston • South Carolina: Summerville
• New Mexico: Albuquerque

3
June 2017 Solar Market Activity
• OhmHome’s Solar Index declined 14%(1) through June 2017 compared to the
same period in 2016 as growth in new markets offset large declines in mature
markets
Year over Year
Year Over Growth
Year Solar By
Growth: June State:
2017 Jan-June
Year to Date
Florida 110%
South Carolina 97%
Nevada 70%
Pennsylvania 50%
Utah 43%
Connecticut 31%
Texas 20%
Arizona 8%
Vermont 3%
New York 2%
Oregon 0%
Colorado -9%
Washington -19%
New Mexico -22%
Massachusetts -34%
California -34%
Maryland -40%
-60% -40% -20% 0% 20% 40% 60% 80% 100% 120%
(1) OhmHome’s Solar Index weights growth rates from available permits to state solar market sizes per EIA.

4
June 2017 Solar Market Activity
• OhmHome’s Solar Index declined 10%(1) in June 2017 compared to the same
period in 2016 as growth in new markets offset large declines in mature markets

Year over Year Growth By State: June
Year Over Year Solar Growth: June 2017
Florida 215%
Nevada 200%
Pennsylvania 110%
South Carolina 93%
New York 26%
Connecticut 25%
Arizona 5%
Texas 3%
Oregon -12%
Utah -23%
New Mexico -26%
Washington -28%
California -29%
Colorado -33%
Massachusetts -40%
Vermont -50%
Maryland -55%
-100% -50% 0% 50% 100% 150% 200% 250%

(1) OhmHome’s Solar Index weights growth rates from available permits to state solar market sizes per EIA.

5
California
• California solar permits declined 30% to 1,842 in June from 2,566 in June 2016
and declined 8% from May 2017 (YTD decline of 34%)

California Solar Index (Permits Issued)
3,500

3,000

2,500

2,000

1,500

1,000

500

0

Access City Details (Link): California: San Diego, San Diego County Unincorporated, San Jose,
Sacramento, Los Angeles, Riverside

6
Nevada
• Nevada solar permits increased 200% to 33 in June from 11 in June 2016 and
decreased 3% from May 2017 (YTD increase of 70%)

Nevada Solar Index (Permits Issued)
90

80

70

60

50

40

30

20

10

0

Access City Details (Link): Nevada: Reno, Henderson, and Las Vegas
(1) OhmHome estimate used for Las Vegas June permits.

7
Oregon
• Oregon solar permits decreased 12% to 43 in June from 55 in June 2016 and
increased 2% from May 2017 (YTD increase of 0%)

Oregon Solar Index (Permits Issued)
80

70

60

50

40

30

20

10

0
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 April-17 May-17 June-17

Access City Details (Link): Oregon: Portland and Eugene

8
Washington
• Washington solar permits decreased 28% to 34 in June from 47 in June 2016 and
increased 6% from May 2017 (YTD decrease of 19%)

Washington Solar Index (Permits Issued)
50
45
40
35
30
25
20
15
10
5
0

Access City Details (Link): Washington: Seattle

9
Colorado
• Colorado solar permits declined 32% to 165 in June from 245 in June 2016 and
increased 3% from May 2017 (YTD decline of 9%)

Colorado Solar Index (Permits Issued)
300

250

200

150

100

50

0

Access City Details (Link): Colorado: Denver, Fort Collins, Aurora

10
Utah
• Utah solar permits declined 23% to 50 in June from 65 in June 2016 and
increased 14% from May 2017 (YTD increase of 43%)

Utah Solar Index (Permits Issued)
90

80

70

60

50

40

30

20

10

0

Access City Details (Link): Utah: Salt Lake City

11
Arizona
• Arizona solar permits increased 5% to 499 in June from 475 in June 2016 and
increased 9% from May 2017 (YTD increase of 8%)

Arizona Solar Index (Permits Issued)
600

500

400

300

200

100

0
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 April-17 May-17 June-17

Access City Details (Link): Arizona: Phoenix and Scottsdale

12
New Mexico
• New Mexico solar permits decreased 26% to 145 in June from 196 in June 2016
and increased 18% from May 2017 (YTD decrease of 22%)

New Mexico Solar Index (Permits Issued)
400

350

300

250

200

150

100

50

0

Access City Details (Link): New Mexico: Albuquerque

13
Texas
• Texas solar permits increased 3% to 318 in June from 310 in June 2016 and
increased 6% from May 2017 (YTD increase of 20%)

Texas Solar Index (Permits Issued)
400

350

300

250

200

150

100

50

0
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 April-17 May-17 June-17

Access City Details (Link): Texas: Dallas, Austin, San Antonio, El Paso, Houston

14
New York
• New York solar permits increased 26% to 249 in June from 197 in June 2016 and
decreased 19% from May 2017 (YTD increase of 2%)

New York Solar Index (Permits Issued)
400

350

300

250

200

150

100

50

0
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 April-17 May-17 June-17

Access City Details (Link): New York: New York City

15
Massachusetts
• Massachusetts solar permits decreased 40% to 55 in June from 91 in June 2016
and decreased 36% from May 2017 (YTD decrease of 34%)

Massachusetts Solar Index (Permits Issued)
160

140

120

100

80

60

40

20

0
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 April-17 May-17 June-17

Access City Details (Link): Massachusetts: Boston, Springfield

16
Connecticut
• Connecticut solar permits increased 25% to 20 in June from 16 in June 2016 and
increased 0% from May 2017 (YTD increase of 31%)

Connecticut Index (Permits Issued)
35

30

25

20

15

10

5

0

Access City Details (Link): Connecticut: Hartford
(1) OhmHome estimate used for Hartford for June due to data constraints.

17
Pennsylvania
• Pennsylvania solar permits increased 110% to 63 in June from 30 in June 2016
and decreased 30% from May 2017 (YTD increase of 50%)

Pennsylvania Solar Index (Permits Issued)
100
90
80
70
60
50
40
30
20
10
0

Access City Details (Link): Pennsylvania: Pittsburgh, Philadelphia

18
Vermont
• Vermont solar permits decreased 50% to 3 in June from 6 in June 2016 and
decreased 63% from May 2017 (YTD increase of 3%)

Vermont Solar Index (Permits Issued)
14

12

10

8

6

4

2

0
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 April-17 May-17 June-17

Access City Details (Link): Vermont: Burlington

19
Maryland
• Maryland solar permits decreased 55% to 548 in June from 1,221 in June 2016
and decreased 6% from May 2017 (YTD decrease of 40%)

Maryland Solar Index (Permits Issued)
1,400

1,200

1,000

800

600

400

200

0

Access City Details (Link): Maryland: Baltimore, Rockville, Gaithersburg

20
Florida
• Florida solar permits increased 216% to 41 in June from 13 in June 2016 and
increased 0% from May 2017 (YTD increase of 110%)

Florida Solar Index (Permits Issued)
60

50

40

30

20

10

0
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 April-17 May-17 June-17

Access City Details (Link): Florida: Miami, Tampa, Cape Coral City, Gainesville

21
South Carolina
• South Carolina solar permits increased 93% to 29 in June from 15 in June 2016
and decreased 31% from May 2017 (YTD increase of 97%)

South Carolina Solar Index (Permits Issued)
45

40

35

30

25

20

15

10

5

0
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 April-17 May-17 June-17

Access City Details (Link): South Carolina: Summerville

22