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Paper · arXiv

Accelerating the Adoption of Residential Solar Power Systems: Policy Analysis using a Dynamic Structural Model

Problem definition: Solar electricity generation is a strategic component of energy portfolios designed to meet growing demand and reduce carbon emissions. Governments and municipalities encourage household photovoltaic (PV) adoption through upfront rebates and tax credits. Limited budgets require principled, data-driven policies that account for the drivers of adoption and the effects of incentives on adoption rates. Methodology/results: We develop a dynamic structural model of residential PV diffusion based on adoption decisions by forward-looking households that weigh the economic trade-offs between installing now and later. Adoption depends on return on investment and influence from n...

AuthorsSebastián Souyris, Jason A. Duan, Anantaram Balakrishnan et al.
Primary categoryecon.EM
Published24 August 2026
Last updated at source24 August 2026
econ.EMcs.LGstat.AP
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