Enphase CEO Kothandaraman warned that residents who want to install solar and home batteries will have to move toward financing the systems with third-party leases.
CALIFORNIA: Enphase Energy Inc, a major US solar equipment company, sees the nation’s residential market shrinking 20% next year as tax credits for homeowners end under President Donald Trump’s sweeping economic legislation.
While some analysts have predicted even steeper declines, the estimate from Enphase marks one of the first big projections from an industry player since Trump’s spending bill was passed.
