Solar Power World

  • Home
  • Top Solar Contractors
  • Solar+Storage
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • Solar tariffs
      • COVID-19 News
    • Featured
      • Latest Feature Stories
      • Contractors Corner
      • Installation Practices
      • Trends in Solar
      • Folsom Labs Solar Boot-Up
      • The Solar Explorer
  • Products
    • 2020 Top Products
    • Batteries and Storage
    • Inverters
      • Manufacturing Locations
    • Racking and Mounting
    • Software
    • Solar Panels
      • Manufacturing Locations
  • Leadership
    • 2020 Winners
    • 2019 Winners
    • 2018 Winners
  • Subscribe
  • Resources
    • About SPW
    • Digital Issues
    • Event Coverage
    • Podcasts
    • Product Databases
      • Solar Inverter Models
      • Solar Panel Models
      • Solar Racking Models
      • Battery Storage Models
    • Product Manufacturing Locations
      • Global Inverter Manufacturing Locations
      • Global Solar Panel Manufacturing Locations
    • Suppliers
    • Videos
    • Webinars
    • Whitepapers
  • COVID-19 NEWS

EnergySage marketplace report finds Enphase is most-quoted inverter for first time since 2015

By Kelsey Misbrener | October 8, 2020

Share

EnergySage shared its eleventh semiannual ​Solar Marketplace Intel Report​ – covering the twelve month period from July 2019 through June 2020. Additionally, and for the first time, this latest report also includes an early look at transaction-level battery storage data from the EnergySage Solar Marketplace.

Recently, EnergySage began capturing more data about the energy storage solutions being quoted to homeowners through its Solar Marketplace. Included in this report is information about consumer preferences, the brands that installers are quoting on EnergySage, and proprietary pricing data. Additionally, this report once again compares what EnergySage consumers pay for solar versus the rest of the market with new ​Tracking the Sun 2020​ (TTS) data from Lawrence Berkeley National Laboratory.

Key insights from the latest ​Solar Marketplace Intel Report ​include:

Tesla’s Powerwall 2 is the most quoted storage option on EnergySage, as well as the least expensive
Over half of the energy storage quotes on EnergySage included the Tesla Powerwall, making it the most widely quoted storage product on the Solar Marketplace, followed by LG Chem’s RESU 10H. On a cost per kilowatt-hour basis, the Powerwall 2 is also the least expensive storage option being quoted. That said, battery manufacturer BYD is an emerging provider on EnergySage’s Marketplace, offering very competitive pricing.

Nearly 50% of EnergySage shoppers that want storage are interested because of financial savings
Not surprisingly, the primary driver of energy storage interest nationwide is resilience, as noted by nearly two-thirds of EnergySage shoppers. However, it’s very encouraging to see that nearly half of shoppers pointed to financial savings as a reason for wanting a battery. Together, these two factors are a strong indication of a sizable, promising market.

Installed costs nationally are 29% higher than prices on EnergySage
Generally, residential solar systems are sized at about 8 kW. According to TTS data, the median installed cost of customer-owned solar nationally was $3.75 per watt in 2019, compared to $2.90 per watt quoted on EnergySage that same year. This means 2019 installed costs nationally were roughly $7,000 higher than quoted solar prices on EnergySage.

Courtesy of EnergySage

Enphase is quoted more than SolarEdge for first time since 2015
SolarEdge has long secured the most popular vote among inverters included in quotes on EnergySage, but Enphase continued its increase in popularity to be the most quoted inverter product in the first half of 2020.

“Even after 15 years working in the renewable energy sector, I’m still amazed at how resilient our industry is,” said EnergySage CEO and founder Vikram Aggarwal. “Despite an ongoing pandemic, consumers are showing more interest in solar today than they were pre-COVID (based both on our own data and third party research), and prices have continued to come down. When you combine this with the surging demand for residential battery storage, we remain very confident in where the market is headed in the coming years.”

This report and others can be downloaded for free at: ​www.energysage.com/data.

News item from EnergySage

About The Author

Kelsey Misbrener

Kelsey is senior editor of Solar Power World.

Tell Us What You Think! Cancel reply

Related Articles Read More >

Sungrow energy storage systems going in at 100-MW battery project in Texas
Enphase energy storage systems now compatible with existing M-Series microinverters
New entrants bring flexibility in rapid shutdown device choice
2021 Trends in Solar
An installation boom is coming to the Northeast and its temperamental soil conditions
2021 Trends in Solar

Stay Informed With Great Solar Power Content

Videos Podcasts Webinars Whitepapers

SPW Digital Editions

Solar Power World Digital EditionBrowse the current issue and archived issues of Solar Power World in an easy-to-use, high-quality format. Bookmark, share and interact with the leading solar construction magazine today.

Solar Policy Snapshot

Solar policy differs across state lines and regions. Click to see our monthly roundup of recent legislation and research throughout the country.

Read More >

Popular Posts See More >

Solar investment tax credit extended at 26% for two additional years
The winners and losers in U.S. solar manufacturing in 2020
The changing state of retiring solar panels
Think before trashing: The second-hand solar market is booming
Tweets by @SolarPowerWorld
Solar Power World
  • Top Solar Contractors
  • Solar Articles
  • Top Products
  • Leadership
  • WTWH Media
  • About/Contact Us
  • Advertising
  • Subscribe
  • Windpower Engineering & Development

Copyright © 2021 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Solar Power World

  • Home
  • Top Solar Contractors
  • Solar+Storage
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • Solar tariffs
      • COVID-19 News
    • Featured
      • Latest Feature Stories
      • Contractors Corner
      • Installation Practices
      • Trends in Solar
      • Folsom Labs Solar Boot-Up
      • The Solar Explorer
  • Products
    • 2020 Top Products
    • Batteries and Storage
    • Inverters
      • Manufacturing Locations
    • Racking and Mounting
    • Software
    • Solar Panels
      • Manufacturing Locations
  • Leadership
    • 2020 Winners
    • 2019 Winners
    • 2018 Winners
  • Subscribe
  • Resources
    • About SPW
    • Digital Issues
    • Event Coverage
    • Podcasts
    • Product Databases
      • Solar Inverter Models
      • Solar Panel Models
      • Solar Racking Models
      • Battery Storage Models
    • Product Manufacturing Locations
      • Global Inverter Manufacturing Locations
      • Global Solar Panel Manufacturing Locations
    • Suppliers
    • Videos
    • Webinars
    • Whitepapers
  • COVID-19 NEWS