We analyze residents' intentions to install photovoltaic (PV) systems in China. The adoption of residential PV is influenced by the government's subsidy policy. Property rights for buildings and bungalows also affect PV systems' installation. China's residential PV installation policies should increase users' trust.
In the first seven-months of 2021, China installed 7.66 GW of residential solar, with close to 1.8 GW installed in July alone. The market is taking advantage of the relatively generous and fixed budget of CNY 0.5 billion ($77.5 million) and a subsidy of CNY 0.03/kWh.
The adoption of residential PV is influenced by the government's subsidy policy. Property rights for buildings and bungalows also affect PV systems' installation. China's residential PV installation policies should increase users' trust. Future policies should aim at decreasing the reliance on subsidy policy. Abstract
However, there is increasing uncertainty in the market about the future of residential solar in China once the current program is phased out next year, which means that the residential segment will also be included in the grid-parity umbrella, as is the current status of commercial and utility installations.
, since 2013, China’s newly added distributed photovoltaic installed capacity have fluctuated upward, and reached 29.28 GW by 2021, accounting for 53.4% of the total, and exceeding the centralized photovoltaic system for the first time in history.
China's residential PV installation policies should increase users' trust. Future policies should aim at decreasing the reliance on subsidy policy. Abstract Residential photovoltaics (PV) presents an effective means of achieving low-carbon development, owing to its installation flexibility and resource-saving properties.
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