While solar roof panels are an excellent option for reducing carbon footprints and decreasing dependence on power supplied by utility companies, the initial financial output required can create a roadblock for many homeowners. SolarCity has introduced a new leasing program that may benefit those who wish to lower their monthly bills by using solar energy without the substantial upfront expenditure.
The 15-year “SolarLease” includes free repair service as well as “SolarGuard”, a monitoring service that allows clients to access a personal web page to view their system’s performance. Information about the cumulative financial and environmental benefits of the installation is also available. At the end of the lease, homeowners have the option of purchasing the system, upgrading to a new system or having the panels removed. Leases can be transferred in the event of a sale.
Bloggers at www.savewithsunlight.com provide testimonials about their positive experience with the leasing program.
For more info, check out http://www.solarcity.com/tabid/315/Default.aspx
Filed under: alternative energy on July 14th, 2008