SunFury
Our client, SunFury, is a publically traded solar developer and the largest builder of utility scale solar projects across the US. They have experienced incredible growth over the last 6 years, due largely to the rapidly falling solar module prices from China and the consistent US tax credit forsolar projects. In 2017 the Solar Investment Tax Credit (ITC) will drop from 30% for all solar to 10% for utility and 0% for residential, forcing the industry to compete more closely with cheap coal and natural gas. It is August 2015, and SunFury has decided to expand their operationsinto the residential arena to better capture the ITC while it still exists. They have asked us to (1) estimate the potential value at stake, and (2) determine whether they should go ahead with their residential launch in 2016.