BNEF Brief: The Realities of Residential Energy Storage Batteries

The video discusses the growth of the residential solar plus storage market in California, driven by changing rate structures and subsidies. The market has expanded significantly, with payback periods ranging from 5 to 8 years. Financing options like leases make solar storage more attractive. The market is concentrated, with LG Cam and Tesla dominating. Cost reductions in batteries and PV are crucial to offset expiring subsidies.

Which companies dominate the battery provider market for solar installations?

What percentage of consumers requested products from only one of the two leading battery companies?