Solar is for the wealthy? Not anymore!

Conventional wisdom says only the rich can afford solar.  But 2012 California Solar Initiative Assessment shows that in actuality people making over $100K constitute the smallest number of applications for solar rebates, and are in decline.  

Five years into the program, CSI General Market program shows the following trends:
   - A tremendous growth in third party owned residential projects;
   - A 28 percent decrease in systems costs since 2007; and
   - An increase in solar projects in low and middle income market.

The number of CSI projects in low income markets (i.e., areas with median incomes of less than $50,000) has increased by 364 percent since 2007.

The number of CSI projects in middle income markets (i.e., areas with median incomes between $50,000 and $100,000) has increased by 445 percent since 2007, comprising the majority of applications received 
in 2011.