Tuesday, April 8, 2008

Repay Solar Loans with Solar!

Finally, this sounds promising. PSE&G to help customers swing solar panels

I have been wondering since there is around a 15 to 20 year payback for solar installations, why Power Companies don't do a lease to buy program for solar. Paid for during the 15 or so years by the electricity generated. Since homeowners for the most part are not interested in a 15 year investment, but power companies are, I am surprised this has not happened yet. There is some movement for doing this for commercial installations.

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