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Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

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At least 19 records
All sourcesNASA NTRSDOE OSTI
DOE OSTI2024

The Building Business Network (B-Biz): Addressing Gaps in the High-Performance Building Technology Market, Especially for Underserved Customers

Increased market intelligence and business model innovation is needed to build contractor confidence in high-performance building technologies in order to increase the speed and scale of adoption to meet the U.S. Department of Energy's building stock decarbonization goals. Although there have been important innovations in energy efficiency, affordability, and decarbonization of building technologies, consumers are not purchasing these technologies at the necessary speed and scale partially due to a gap in institutional understanding around barriers contractors face in providing and servicing these technologies. Small businesses in this market must mitigate risk around high-performance building technologies, limiting their opportunities in the market and impacting the rate of adoption. The Building Business Network (B-Biz) aims to provide high-performance building technology solutions to underserved customers by collaborating with local small businesses that provide and service high-performance building technologies in communities with the lowest rates of adoption. This research explores the current market, the importance of business models, and the opportunity to utilize small businesses to address market gaps in underserved communities.

B-Biz↗
DOE OSTI2020

Scaling Energy Efficient Retrofits for Small Commercial Apartment Buildings

With support from the U.S. Department of Energy’s (DOE) Building Technologies Office (BTO), the International Center for Appropriate and Sustainable Technology (ICAST) recently completed a three-year cooperative agreement to scale energy efficiency retrofits (EER) on small multifamily (MF) buildings. ICAST EER strategies ranged from low-hanging “direct install” of measures such as LED lighting, low-flow showerheads and aerators, and smart thermostats to major strategies such as HVAC replacement with high-efficiency boilers or heat pumps. As feasible, some projects also included the addition of renewable energy sources such as photo voltaic (PV) solar. When ICAST began the BTO project, it operated in two states and oversaw EER at approximately 80 MF buildings per year. With assistance from BTO, ICAST has grown significantly and now has staff in six states with MF EER projects in another seven, and performed EER on 956 MF buildings. ). ICAST was able to successfully execute this project by 1) Improving viability and efficiency of its processes, 2) Launching two new services and 3) Creating an affiliate program. For the most part, ICAST focused on a specific type of MF property: naturally occurring affordable housing (NOAH), because it is a significantly underserved market within the hard-to-serve MF market. NOAHs are typically smaller properties (5 to 64 units), owned by small organizations or individual investors looking for positive cash flow. ICAST believes the NOAH market can be successfully served with a one-stop-shop approach that makes it easy, hassle-free, and cost-effective for owners to acquire green upgrades for their property(ies). With the assistance of BTO funding, ICAST successfully used the cited EER methods and strategies to scale-up its OSS approach to service a greater number of MF housing and expand into new geographies. Additionally, support from BTO helped ICAST create self-sustaining programs which will not need to rely on on-going funding.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗
DOE OSTI2024

B-Biz: Building Business Network

The Building Business Network (B-Biz) aims to provide high-performance building technology solutions to underserved customers by collaborating with local small businesses that provide and service high-performance building technologies in communities with the lowest rates of adoption.

BTO↗
DOE OSTI2020

The impact of policies and business models on income equity in rooftop solar adoption

Low- and moderate-income (LMI) households are less likely to adopt rooftop solar photovoltaics (PVs) than higher-income households in the United States. As the existing literature has shown, this dynamic can decelerate rooftop PV deployment and has potential energy justice implications, in light of the cost-shifting between PV and non-PV households that can occur under typical rate structures and incentive programmes. Here we show that some state policy interventions and business models have expanded PV adoption among LMI households. Additionally, we find evidence that LMI-specific financial incentives, PV leasing and property-assessed financing have increased the diffusion of PV adoption among LMI households in existing markets and have driven more installations into previously underserved low-income communities. By shifting deployment patterns, we posit that these interventions could catalyse peer effects to increase PV adoption in low-income communities even among households that do not directly benefit from the interventions.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2023

Solar PV on U.S. Houses of Worship: Overview of Market Activity and Trends [Slides]

Rooftop solar photovoltaic systems on houses of worship can provide unique community benefits and can raise local awareness and acceptance of solar energy. Recognizing that potential, a stakeholder team selected under DOE’s Solar Energy Innovation Network is working to develop a scalable model for recruiting and installing solar PV on houses of worship in underserved communities. Berkeley Lab is providing analytical support to this stakeholder team through several work products, including this report, which provides a data-oriented overview of market activity and trends related to solar PV installations on U.S. houses of worship (HoW). Drawing on Berkeley Lab’s project-level dataset of U.S. solar PV installations, the report describes: -market size and growth trends for PV on HoW -demographic characteristics of the communities in which HoW with PV are located, including income, race and ethnicity, and educational levels -key characteristics of the PV systems installed on HoW, including system size, installed costs, prevalence of third-party ownership, and pairing with storage -characteristics of the installer network servicing PV installations on HoW The purpose of the market overview is to inform business development and policy-making efforts aimed at supporting solar adoption by HoW.

14 SOLAR ENERGY↗
DOE OSTI2024

Solar Prize Round 5 Software Track: Abbreviated Final Technical Report

Solar Prize Round 5 launched two simultaneous tracks, the Hardware Track and the Software Track, to introduce software innovations into the Solar Prize for the first time. The primary goal of the prize is to accelerate the development, validation, and commercialization of innovative solar software solutions that will increase the competitiveness of the U.S. solar industry. This is accomplished with three escalating challenges, called the Ready!, Set!, and Go! Contests, where teams work to develop their concept from idea to potentially marketable product in less than one year. Competitors also have the option to compete in a Justice, Equity, Diversity, and Inclusion (JEDI) Contest, which recognizes solutions that enable underserved communities in the United States to overcome systemic solar barriers and share equitably in the societal benefits of solar deployment. The Prize concluded by awarding 2 final winners the Go! Contest prize and a 3rd winner to the JEDI Contest prize in the Software Track, after competing in the prize for a year and demonstrating their success through each phase.

14 SOLAR ENERGY↗
DOE OSTI2025

Final Technical Report for Solar Prize Round 6

Solar Prize Round 6 had the primary goal to accelerate the development, validation, and commercialization of innovative solar software solutions that will increase the competitiveness of the U.S. solar industry. This is accomplished with three escalating challenges, called the Ready!, Set!, and Go! Contests, where teams work to develop their concept from idea to potentially marketable product in less than one year. Competitors also have the option to compete in a Justice, Equity, Diversity, and Inclusion (JEDI) Contest, which recognizes solutions that enable underserved communities in the United States to overcome systemic solar barriers and share equitably in the societal benefits of solar deployment. The Prize concluded by awarding 2 final winners the Go! Contest prize and 1 of those same winners the Go! Contest JEDI prize after competing in the prize for a year and demonstrating their success through each phase.

14 SOLAR ENERGY↗
DOE OSTI2024

Refueling Infrastructure Deployment in Low-Income and Non-Urban Communities

The U.S. National Blueprint for Transportation Decarbonization identifies the need to invest in infrastructure supporting low- and zero-emission vehicles, especially in low-income and overburdened communities, to eliminate nearly all greenhouse gas emissions from the transportation sector by 2050. The alternative fuel vehicle refueling property tax credit (26 U.S. Code § 30C) includes eligibility criteria intended to encourage investment in underserved communities based on the economic characteristics or urban character of the census tract in which the fueling infrastructure is installed. Eligible census tracts are those that qualify for the New Markets Tax Credit or that are not located within urban areas as defined by the U.S. Census Bureau. This study quantifies how many fueling-related amenities are currently located in census tracts that qualify and do not qualify for the 30C tax credit based on IRS Notice 2024-20. For existing electric vehicle charging stations, 51% of Level 2 and 60% of Direct Current Fast Charging public stations are located in eligible census tracts. 73% of natural gas, propane, and hydrogen fueling stations are in qualifying census tracts and 75% of biodiesel and renewable fuel stations are in qualifying census tracts. This compares with 73% of existing gas stations in eligible census tracts. For deploying the refueling infrastructure to satisfy future demand, this study shows that truck stops (94%), commercial truck stops (92%), and Federal Highway alternative fuel corridors (89%) are predominantly located in eligible locations. Additionally, significant percentages of the population (62%), light-duty vehicle registrations (64%), and medium- and heavy-duty vehicle registrations (68%) fall within eligible areas.

33 ADVANCED PROPULSION SYSTEMS↗
DOE OSTI2022

The Future of Energy Efficiency for U.S. Buildings - Drivers and Market Scenarios

This paper identifies likely drivers of building efficiency over the next ten years and expectations for how efficiency markets may evolve over this period. To prepare these predictions, we conducted an extensive literature review, interviewed 22 experts, reviewed legislation and executive orders in 12 states, and implemented a detailed questionnaire completed by 41 efficiency practitioners. The two most important drivers revealed by our research are (1) public policies and regulations, particularly those associated with climate change mitigation and adaptation and (2) the cost of energy relative to the cost of delivering efficiency. Other important drivers are technology changes, economic conditions, social priorities, and industry (including utility) business practices for increasing the uptake of efficiency in buildings. Our research indicates that efficiency markets will increasingly focus on supporting building decarbonization and enabling demand flexibility through the use of controls in grid-interactive efficient buildings and communities. Efficiency improvements for specific technologies (e.g., heat pumps, controls, and windows) and technological advances not specific to energy technologies (e.g., interoperability, artificial intelligence, and universal internet access) will improve the efficacy of efficiency measures and actions. Marketing of efficient products and services will increasingly focus on grid services, decarbonization, non-energy benefits for consumers, and integration with other distributed energy resources (DERs). We anticipate increased investment in disadvantaged and historically underserved communities, recognizing the social, health, and safety benefits of efficient energy usage and remediating historical biases. Lastly, we predict that while state and local government actions will vary, jurisdictions will increase their efficiency goals overall.

Schiller, Steven R↗
DOE OSTI2021

Advancing Solar Innovation for Low and Moderate-Income Households (Final Technical Report)

The overarching goal of this project was to deepen the understanding of the social and economic aspects of solar adoption, with a specific eye towards any pathways or barriers that could be identified that directly impact low and moderate-income households. Specific objectives included (1) identifying and assessing significant non-economic barriers that complicate the ability of LMI households to adopt and benefit from solar, even under scenarios with low economic barriers; (2) assessing the differential ability of groups to benefit from solar adoption based on their ability to invest in different solar innovations; (3) explaining why some LMI communities nonetheless experience significantly higher rates of solar adoption and benefit than others; (4) developing a methodological model for generating data addressing key issues to the project; and (5) designing and developing an interactive web portal that aggregates existing datasets, provides researchers trend analysis capabilities, standardizes project protocols for other states and communities; provides the opportunities for researchers using the same protocol in other communities to upload their results; and engages with the general public by providing them the ability to upload their own perspectives and stories of solar technology adoption. Through a common framework for conducting semi-structured field interviews. In partnership with cooperative extension services, in conjunction with survey research and the aggregation of existing solar adoption datasets, this study has identified that currently ,there is a strong values alignment and knowledge access challenge that continues to affect solar adoption. Participants in this study – many of whom are either low or moderate-income and/or live in underserved rural communities do not believe solar is an option where they live or believe solar is appropriate for their lifestyle. This perception challenge is further exacerbated by the absolute dearth of adopters in most communities and a total lack of local marketing for solar energy. What marketing that does exist is geared towards audiences other than those in the participant's community, reinforcing a perception that 22% of survey respondents (n = 1,551) have: that solar energy is not meant for them and their community. Overcoming these serious human challenges pertaining to knowledge and marketing are critical to reducing the customer acquisition costs incurred amongst LMI communities and especially those in rural America where the opportunities solar provides to increase local energy resilience, security, all while engaging in personal stewardship of the planet could align with local values. Community-Based Social Marketing, built in partnership with community leaders and geared towards meeting local visions of ideal life, is a near term opportunity to bridge the gap between local priorities and national market and policy imperatives for solar while moving towards the administration's goals for renewable energy as part of a just and equitable decarbonization program. The tools and methods developed for this study can serve as a template for identifying other specific local challenges for solar adoption in other state, and provide the opportunity for a common data framework for understanding system-wide trends and barriers to achieving uptake of residential solar in communities that may, ultimately, benefit the most from the technology.

14 SOLAR ENERGY↗
DOE OSTI2023

A Hot‐Swappable, Fault‐Tolerant, Modular Power Converter System for Solar Photovoltaic Plants

The performance metrics of the state-of-the-art commercial solar inverters, such as system cost, operation and maintenance (O&M) cost, service life, reliability, maintainability, and power density are much lower than the target metrics needed to achieve SunShot’s 2030 levelized cost of energy (LCOE) goals. To overcome the shortcomings of the existing solar inverters, this project proposed a novel Hot-Swappable, Fault-Tolerant, Modular Power Converter (HSFT-MPC) concept for solar photovoltaic (PV) plants and proved the concept through the design, fabrication, and laboratory test validation of a single-phase HSFT-MPC prototype. The HSFT-MPC has the following distinct advantages over the state-of-the-art: 1) elimination of harmonic/ electromagnetic interference (EMI) filter in the inverter stage due to the novel topology, 2) lower system cost and higher power density due to the modular design, elimination of harmonic/EMI filter, and lower cooling requirement, 3) higher efficiency due to lower switching frequencies, 4) higher reliability and longer (50 years) service life due to simpler cooling and fault tolerance capability, 5) easier installation, lower O&M cost, and improved maintainability due to the modular design and hot-swappable power electronic building blocks (PEBBs), and 6) improved manufacturability due to the modular design. This project developed a single-phase HSFT-MPC prototype with 25kW nominal output power, 2.4kV, 60Hz nominal AC output, lower than 5% AC output voltage total harmonic distortion, over 5 kW/L inverter power density, and 99.4% inverter peak efficiency, being tolerant to failure of single and multiple PEBBs, and capable of hot swapping of the failed PEBB(s). The HSFT-MPC enables uninterruptable operation of the solar PV plant when failure of single or multiple PEBBs or PV modules occurs. Compared with the existing solar inverters in the market, the HSFT-MPC is expected to reduce the inverter failure-caused downtime and energy losses of solar PV plants by more than 60% and 50%, respectively. Project findings have been presented at major conferences in the field and published in peer-reviewed papers, which added new knowledge to the field of power electronics for solar PV systems. A minicourse on Solar PV Systems was developed for outreach activities. The minicourse will help attract young individuals to the renewable energy profession which has a significant talent shortage. The HSFT-MPC is expected to overcome all of the shortcomings of the state-of-the-art solar inverters in terms of cost, efficiency, service life, reliability, maintainability, and manufacturability targets needed to achieve SunShot’s 2030 LCOE goals. Therefore, the proposed HSFT-MPC concept has the great potential to disrupt the current solar inverter market. This project created a pathway towards industry adoption of the HSFT-MPC to help achieve 50-year service life solar PV systems. Since the solar PV plants using the HSFT-MPC will feature with higher reliability, longer service life, and easier maintenance, they are particularly useful for the rural areas with underserved populations that demand reliable and affordable clean electricity. The outcomes of the project have the strong potential to address national needs in the field of renewable energy to reduce CO 2 emissions from the electricity sector, reduce imports of energy from foreign sources, and improve energy security, efficiency, and sustainability. Since electricity is used in almost all of society’s sectors, the outcomes of the project will benefit various sectors of society and economy.

14 SOLAR ENERGY↗
DOE OSTI2022

A comparison of building system parameters between affordable and market-rate housing in New York City

Low-income households in the United States experience higher than average energy burdens (defined as the proportion of household income spent on energy utilities), and many of these households struggle to simultaneously pay for rent, energy, and basic household necessities. The analysis presented here in this study examines whether the underlying characteristics of buildings and their energy systems could contribute to this disparity for affordable housing residents in New York City. It combines an energy audit dataset of 7,328 multifamily buildings with a database of properties receiving local, state, or federal housing subsidies. The results of this analysis indicate that the building-level installed equipment in large (greater than 50,000 square feet) affordable housing buildings in New York City is more efficient than that in market-rate buildings, but this trend largely disappears when considering overall building characteristics, such as location, size, or age. Significant differences in the types of systems installed in affordable and market-rate housing are also observed, as well as the types of energy efficiency recommendations made by energy auditors. However, these latter data were not normalized by building system characteristics, as that analysis is much more difficult to interpret for categorical data such as heating system type. These findings indicate that retrofit policies and building performance standards focused on affordable housing will likely need to account for underlying differences in building characteristics between affordable and market-rate housing to achieve intended impacts.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2023

Virtual Power Plants and Energy Justice

The Federal Energy Regulatory Commission's (FERC) Order 2222, issued in September 2020, removes barriers for distributed energy resources (DERs) to participate in wholesale energy markets by allowing DERs to aggregate and participate in wholesale markets as a single entity, known as a virtual power plant (VPP). VPPs can provide balancing, reliability, and resiliency grid services and can participate in capacity, energy and ancillary services markets. They can also increase customer energy access and lower electricity bills. This report focuses on VPP business models, including considerations of energy justice (EJ). Through an analysis of the VPP value chain, business models, programs, and pilots, several VPP applications are identified and grouped by their ability to have quantitatively measurable or monetized benefits. Benefits and barriers specific to underserved communities are outlined, and VPP programs with an intentional focus on underserved communities are compared to those without such a focus.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2022

Building Envelope Campaign – Program Design and Stakeholder Engagement

Building envelope technologies impact approximately 30% of the primary energy consumed by residential and commercial buildings. The Building Envelope Campaign (BEC), which is part of the Department of Energy’s Better Buildings Program, is a market transformation effort to help building owners and managers invest in high performance building envelope technologies for both new and existing commercial buildings. The success of the Campaign has depended on constructing a compelling program design plus organizing a technical team with ability to effectively recruit Participants and Supporters from across industry and keep them engaged.The design of the campaign included developing a strategy to leverage other technology campaigns within the Better Buildings program, identifying stakeholders (including diverse member groups that may have been underserved by previous technology campaigns), recruiting Supporters and Participants, and providing technical assistance in the form of a campaign-specific Building Envelope Performance tool and metric to help benchmark various building envelope options.Engagement had to overcome three main challenges – securing the Campaign Supporters/Participants, helping participants to use the envelope tool to evaluate project options, and getting those participants to submit successful envelope projects for evaluation and recognition by the program. The concepts are simple but program design/implementation and, in particular, sustaining stakeholder engagement can be challenging. This paper will highlight the approaches taken in: program design, engaging industry members, identifying and reaching underserved stakeholders, demonstrating benefits of high performance building envelope technologies and making the case for engaging in this campaign.

McLeod, Hayley↗
DOE OSTI2022

Transforming Energy Through Sustainable Mobility: Expanding Low-Carbon Transportation R&D Solutions

As the nation's premier laboratory for cutting-edge transportation decarbonization research and development solutions, the National Renewable Energy Laboratory (NREL) pioneers the creation and deployment of sustainable mobility technologies and strategies, with a focus on slashing transportation sector greenhouse gas emissions and combatting climate change. Trucks, planes, cargo ships, and other difficult-to-decarbonize vehicles are part of this essential transition for the transportation sector, which is currently the nation's largest source of the greenhouse gas emissions. NREL provides the scientific building blocks needed to spur innovation through multifaceted analysis, research, and engineering. This work acts as a catalyst to help industry bring affordable, high-performance, energy-efficient, and low-emission modes of transport and related infrastructure to market sooner. Our researchers collaborate closely with academic, government, and industry partners to design better batteries, drivetrains, and engines. They develop technologies for high-power charging, thermal management, energy storage, and power electronics. They are also reimagining fuels and combustion while creating sustainable lightweight materials. Unbiased expert guidance - backed by credible data and analysis, tools, and scientific rigor - empowers partners to make informed decisions about sustainable transportation. NREL recognizes that communities with limited mobility options face reduced access to employment opportunities, health care, and education, lowering overall quality of life. Alongside partners, NREL experts are creating transportation solutions that meet community-identified needs and increase mobility equity in historically underserved and overburdened communities. Rather than providing a one-size-fits-all solution, we take an interdisciplinary approach to mobility equity that considers the needs and challenges of diverse groups, maximizing benefits at the individual, community, and societal levels.

ADVANCED PROPULSION SYSTEMS↗
DOE OSTI2025

Neighborhood sociome factors and pediatric asthma exacerbations: Protective role of tree crown density and importance of pharmacy access in Chicago's south side

Abstract Background Pediatric asthma exacerbations remain a critical public health concern, particularly in historically underserved urban settings. Objective This study investigates sociome factors—the social context of disease—associated with asthma exacerbations among children living in Chicago's South Side, leveraging clinical and publicly available generalizable census tract‐level datasets from agencies including ChiVes, the City of Chicago Data Portal, EPA, Census Bureau, HUD, NOAA, and more. The aim is to uncover novel hypotheses for potential new interventions. Methods A generalized linear model assessed associations with the outcome of asthma exacerbations while accounting for clustering at the patient level. Predictors included all variables from the Sociome Data Commons, including social, environmental, behavioral, economic, housing, and school variables. Results Predictors of decreased risk included patient age (+4.8 years, −22%), tree crown density (+6% coverage, −17%), parks per acre (+0.41, −8%), and labor market engagement (+0.8 points, −9%). Conversely, predictors of increased risk included increased distance to the nearest pharmacy (+0.28 miles, +12%), limited English skills (+2.3%, +10%), higher inequality (+0.08 points, +8%), and visits in the Spring (+11%) and Fall (+20%). Conclusion The results suggest that tree crown density, a novel finding in the context of asthma exacerbations, may play a protective role. Limited access to health care facilities such as pharmacies continues to complicate care. Clinical Implications These findings provide hypotheses for future interventions for long‐standing asthma disparities.

Allergy↗
DOE OSTI2020

Foundations of an Electric Mobility Strategy for the City of Mexicali

The Foundations of an Electric Mobility Strategy for the city of Mexicali aligns with numerous energy, environmental, and transport plans and will help Mexicali meet multiple related goals. Mexicali’s energy mix, with 28% renewables, already enables plugin electric vehicles (PEVs) to reduce the mass of greenhouse gases (GHGs) per km driven 2/3 below that of their conventional counterparts. This GHG benefit will increase should Mexicali take steps to further increase their share of renewables in their electricity supply. Beyond increasing renewables, Mexicali could possibly deploy PEVs so that electric load is added in the right location (depending on further analysis of substations and feeders) and at the right time (between 21:00 and 11:00) in order to minimize grid upgrade costs. There are a handful of charge timing control mechanisms –at various stages of development– that Mexicali could implement. Transport electrification can facilitate mass transit by powering buses, trains, and small vehicles that get people from their homes or work to the transit stations and vice versa. Mexicali could utilize fleets as early PEV adopters in order to gain acceptance and add electric vehicle supply equipment (EVSE). Recommended prioritization of different types of fleets are suggested in this report: transit buses, school buses, airport ground support equipment (GSE), refuse trucks, taxis, shuttle buses, campus vehicles, delivery trucks, utility trucks, and finally semitrailers. There are a handful of policy options that Mexicali could use to incentivize fleets to purchase PEVs, including mandates, economic incentives, energy performance contracts, waivers to access restrictions, electricity discounts, and EVSE requirements in building codes. Mexicali’s taxi fleet was an early adopter of PEVs and had experienced some challenges—mostly related to the insufficient range of the taxis due to hot weather. In this report, we strategize ways to extend the range of the current electric taxis, including ways to make charging more convenient to the drivers, and more suggestions for appropriate vehicles to purchase in the future. This report also includes the groundwork of geotracking Mexicali’s taxi fleet so that more detailed recommendations can be made in the future. Once fleets have increased PEV acceptance and EVSE installations, the market will be ready to expand to private vehicle owners. In order to do this, more EVSE needs to be installed in the right locations. This mobility strategy lays out general local areas where EVSE could be well utilized, based on traffic patterns, land use, and demographic data. Mexicali could approach businesses within these areas that would likely make suitable hosts, based on how well they can profit from the additional business that EVSE would bring. Mexicali could then adopt a series of purchase incentives (including sales tax waivers or access to high-occupancy vehicles [HOV] lanes) that would encourage private vehicle owners to purchase PEVs. Purchase incentives run the risk of creating equity issues, which can be countered by promoting electrification in mass transit, creating more HOV lanes that have PEV exemptions, and installing EVSEs in underserved communities. Private PEV ownership will require a set of experts that Mexicali can help train, including PEV repair technicians, EVSE installation electricians, and first responders.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2021

Performance of solar leasing for low- and middle-income customers in Connecticut

Policymakers are increasingly interested in expanding access to rooftop photovoltaic systems. This study analyzes the financial performance of a Connecticut Green Bank (CGB) solar leasing program, run in partnership with PosiGen, that targets low- and moderate-income customers. We show that this program has successfully reached underserved customers and has reasonable repayment rates given the credit characteristics of the participants. The CGB/PosiGen program reaches many more underserved customers than other PV financing programs in Connecticut.For example, the majority of CGB/PosiGen participants (58%) live in census tracts that have a median income of less than 80% of the area median income (AMI). In contrast, only 9% of participants in the other CGB solar financing programs live in these census tracts. Furthermore, the majority of CGB/PosiGen participants (56%) have FICO scores that would generally be considered non-prime (<670), whereas only 2% of participants in the other programs have similarly low scores. Credit, not income, is the primary factor that explains participants’ financial performance. Overall, we find that delinquency and annualized losses are higher for PosiGen (2.3% and 0.9%) than for other CGB programs (1.4% and 0.1%). Across the CGB programs, lower credit scores are associated with higher rates of delinquency and loss. Therefore, participants’ lower credit scores explain much of the program’s higher rates of delinquency and annualized losses. PosiGen leases perform competitively with market-rate solar and non-solar leases and loans. When compared to securities backed by market-rate PV loans and leases with similar amounts of seasoning, we find that the PosiGen leases have higher delinquency rates but comparable gross loss rates. The similarity in losses is notable given that loss rates for PosiGen leases were higher than those of the other CGB leases and loans. Rather than the PosiGen leases having high loss rates, other CGB leases and loans have unusually low loss rates. We also compare PosiGen to non-solar benchmarks, including indices of auto and consumer loans. We find that the PosiGen leases have significantly less delinquency than non-prime auto loans and have performance comparable to many consumer loans. The U.S. Department of Energy’s Solar Energy Technologies Office supported this research.

14 SOLAR ENERGY↗