A new Leaderboard Report from Navigant Research examines the strategy and execution of 12 residential solar plus storage vendors, with Sunrun ranked as the leading market player.
Distributed energy resources (DER) continue to change how electricity is delivered to end users globally, and residential energy customers are beginning to shift away from solely purchasing electricity from their local utilities to procuring a diverse suite of onsite technologies. As residential solar plus storage (RSPS) becomes more of a viable solution for customers, several companies are looking to capture early adopters to gain a strong foothold in the industry. Click to tweet: According to a new Leaderboard report from @NavigantRSRCH, Sunrun is the leading residential solar plus storage vendor.
Sunrun has focused on leveraging multiple roles through turnkey services or strategic partnerships across the project delivery value chain to drive down costs and enable financing innovation to increase customer acceptance and participation, says Ian McClenny, research analyst with Navigant Research. Additionally, Sunrun utilizes a comprehensive energy storage software platform that analyzes business cases based on local markets and optimizes customer or grid service revenue streams.
Trailing Sunrun are Tesla and Vivint Solar, which have shown solid performance in terms of sales and market acceptance, but are trailing in terms of market vision and production strategy. According to the report, to stay competitive in this space, industry players must continue to develop a solid go-to-market strategy that proves their staying power.
The report, Navigant Research Leaderboard: Residential Solar PV Plus Energy Storage Providers, examines the strategy and execution of 12 leading solar PV plus energy storage providers that are active in the residential market. These players are rated on 12 criteria: vision; go-to market strategy; partners; production strategy; technology; geographic reach; sales, marketing, and distribution; product performance; product quality and reliability; product portfolio; pricing; and staying power. Using Navigant Researchs proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies relative strengths and weaknesses in the global RSPS market. An Executive Summary of the report is available for free download on the Navigant Research website.
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About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The teams research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigants professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigants practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
* The information contained in this press release concerning the report, Navigant Research Leaderboard: Residential Solar PV Plus Energy Storage Providers, is a summary and reflects Navigant Researchs current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the reports conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.
Lindsay Funicello-Paul, +1.781.270.8456