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How do you forecast demand for residential solar panels in new markets?

Working on a market entry project for a solar company and not sure where to start with demand estimation. Any go-to frameworks or data sources you've used?
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James O'Brien
James O'Brien
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Start with a bottom-up approach — pull census data on housing stock, then layer in electricity rates and solar irradiance data (NREL's PVWatts tool is great for this). Cross-reference with SEIA adoption curves from comparable markets to sanity-check your numbers. Payback period sensitivity is usually your biggest demand driver, so model a few scenarios around local incentives and utility rates.
Wei Zhang
Wei Zhang

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