Why are low-income households less likely to invest in solar PV?

In developed countries, basic electricity needs are often met through the grid, so low-income households living in such communities are less likely to invest large sums of money in the installation of solar PV . 3.2.3.

Why are people reluctant to invest in solar PV?

The technical nature of solar PV, being in a relatively early phase of development, and the high financial commitment makes households reluctant to invest in a solution that poses technical and financial risks. Companies must adopt practices and develop business models that match customer needs.

Are solar panels a solution to energy poverty?

The use of solar panels can address the power dimension of local residents' energy poverty and lower the threshold for farmers to use clean energy, which in turn improves their household energy use patterns (Djanibekov and Gaur, 2018).

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.

How does abundance of solar resources affect household income?

Abundant solar resources in a region indicate high PV power generation ability. We expect this variable to have a positive effect on local household income. Both sunlight exposure and average solar radiation are the indicators measuring the abundance of natural conditions.

How do government subsidies support the development of solar PV?

The introduction of feed-in tariff schemes, net metering and similar regulations positively supports the development of solar PV by making it economically viable for the masses [38, 93, 94]. A number of studies have evaluated the effectiveness of government subsidies and incentives for promoting solar PV use [87, , , , ].