Growing Pains for the Rooftop Solar Industry

Solar energy has had a great decade. One estimate puts the industry’s growth at 1600-percent over the last eight years. The last year though? Not so good, especially for rooftop solar companies. The market for residential solar systems has taken a hit, with bankruptcies abound from the likes of SunEdison, Sungevity, Suniva, and at least one company not starting with “sun” — SolarWorld.

Solar Wars: Big Utilities Versus Rooftop Power Generation

It may be lights out for the solar industry in Nevada. That state is hemorrhaging jobs after a controversial decision in December to raise rates for customers with rooftop solar panels. The move has jarred the solar industry nationwide, especially in other southwestern states like Arizona.