The third-party ownership model, exemplified by the leases offered by companies such as SolarCity and SunPower, has come to dominate the US residential PV market in recent years, and is expected to account for more than two thirds of installations this year.

But there is growing industry certainty that loans – as opposed to leases or power-purchase agreements – will become increasingly popular in the residential market in the years ahead, both in market share and overall volume.

California-based