|
Solar energy systems, net, consisted of the following (in millions):
|
|
|
December 31, |
|
|
December 31, |
|
|
|
|
2019 |
|
|
2018 |
|
|
Solar energy systems in service |
|
$ |
6,682 |
|
|
$ |
6,431 |
|
|
Initial direct costs related to customer solar energy
system lease acquisition costs |
|
|
102 |
|
|
|
99 |
|
|
|
|
|
6,784 |
|
|
|
6,530 |
|
|
Less: accumulated depreciation and amortization (1) |
|
|
(723 |
) |
|
|
(496 |
) |
|
|
|
|
6,061 |
|
|
|
6,034 |
|
|
Solar energy systems under construction |
|
|
18 |
|
|
|
68 |
|
|
Solar energy systems pending interconnection |
|
|
59 |
|
|
|
169 |
|
|
Solar energy systems, net (2) |
|
$ |
6,138 |
|
|
$ |
6,271 |
|
|
(1) |
Depreciation and amortization expense during the years ended December 31, 2019, 2018 and 2017 was $227 million, $276 million, and $213 million, respectively. |
|
(2) |
As of December 31, 2019 and 2018, solar energy systems, net, included $36 million of gross finance leased assets with accumulated depreciation and amortization of $6 million and $4 million, respectively. |
|