Solar power adoption rate

Do high energy prices affect solar PV adoption?

However, the net value or overall economic benefit potentially brought by solar energy is closely linked to prevailing energy prices, with evidence suggesting that high energy prices positively affect the adoption of solar PV.

How does solar PV affect household adoption?

Qureshi et al. claim that a high level of generation enables households to switch more appliances to using solar PV, consequently increasing the likelihood of adoption. Panos and Margelous suggest that a household's ability to efficiently use energy generated from solar PV also plays a role in adoption.

Are consumers more likely to adopt solar PV?

Kowalska-Pyzalska examined consumers' pro-environmental beliefs and suggested that individuals who are likely to keep a check on emissions, want to protect the environment and are inclined towards energy efficiency measures are more likely to adopt solar PV.

Are people on lower incomes more likely to adopt solar PV?

However, Bashiri and Alizadeh argue that those on lower incomes are more likely to adopt solar PV: people with higher incomes care less about how much they are spending on energy; this higher spending on energy is not generally a cause of concern for them.

Does education affect solar PV adoption?

Research conducted by Kowalska-Pyzaksla , Kwan , and Yuan et al. examined levels of education and the tendency to adopt solar PV and found that, as the level of education increases, the adoption rate also grows.

Does perceived technology risk affect solar PV adoption?

On similar lines, Arroyo and Carrete evaluated how perceived technology risk influences adoption. The findings suggest that technical risk associated with solar PV decelerates its adoption. In instances where a householder perceives investment in solar PV to be high-risk, the likelihood of adoption diminishes.