November 17, 2024 6:36 am
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Arizona, other key state solar markets are tightening

solarBy Herman K. Trabish | GreenTech Media

A new partnership between REC Solar and third-party financing provider Clean Power Finance is an indication that key state solar markets are tightening.

Earlier this month, REC Solar announced it would offer customers in Arizona, Colorado and New Jersey solar leases through Clean Power Finance’s online marketplace. The deal gives customers more potential options — but it also may be a sign of difficulties in those states.

“I am concerned for the future of solar in New Jersey, Arizona, and Colorado in 2014,” explained REC Solar Regional VP Ethan Miller. “We have had to lower our prices, but costs are no longer falling. It is getting difficult to deliver a good product and still be profitable.”

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