Solar Market Shifts

California's revised net metering policies have drastically impacted the residential solar market, leading to a significant decline in installations. However, those that continue to emerge are increasingly incorporating batteries, with attachment rates soaring from a few percent to nearly 25%. This shift highlights how markets can adapt to negative incentives, pushing new economic models that prioritize battery integration. Additionally, fluctuations in lithium prices are influencing battery costs, further shaping the landscape of residential solar energy.