In 2014, the U.S. commercial market segment was surpassed by the residential segment for the first time in decades. According to the most recent U.S. Solar Market Insight report, the commercial segment saw 1,036 megawatts come on-line in 2014, down 6 percent year-over-year. However, GTM Research sees this as just another dip in the tracks of the commercial market roller coaster.
GTM Research forecasts the market to rebound in 2015, growing 40 percent over its 2014 total. In the latest Executive Briefing for subscribing solar clients, Senior Analyst Cory Honeyman outlines three growth opportunities for the commercial segment that he is watching closely.
Before we dive into the opportunities, here are some of the challenges facing commercial installations: