Interested in Solar Power but don’t have tens of thousands of dollars? Free Solar Panels?
Solar City, and most other solar power installers, have an interesting program where you lease solar equipment and pay a monthly lease. The Solar Lease payment and lower electric bill will be less than your current electric bill. The company owns the solar panels and you rent them by paying the cost of the power.
80% of solar installations used this solar lease technique in the 2010 – 2012 time frame. The numbers have been falling due to the banks seeing that it was profitable and causing rates to go up.
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Filed under: Alternative Energy, Effort, Energy, Green, Hard, Home, Solar | Tags: PGE, Solar City, Solar Lease, Solar Panel Lease, Sun Run |