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Solar Leasing Becomes Viable Option For Homeowners

A potentially cost effective solution for clean energy consumers

Lisa Baldini
Lisa Baldini on July 30, 2010.

Given US federal tax credits, potential for financial gains and most importantly opting for a greener energy choice, solar-powered homes have become increasingly popular. Still, the upfront and maintenance costs can prove to be less cost efficient for many homeowners. As such, a new leasing program is starting to take off among those still wanting to use clean energy.

Operating like most car leases, solar financing companies charge consumers for the equipment as well as any additionally required power not provided by the system; although this may seem to still be a costly measure, consumers will often have the opportunity to buy the system after the lease is fulfilled for a nominal set price. Many of the solar companies will also provide maintenance, and the federal tax credit should still apply to homeowners.

Solar Financing Home | Financing Residential Solar Panels

[via: Green Building Elements]

TOPICS: Design & Architecture, Electronics & Gadgets, Environmental / Green, Finance & Money, Home & Garden
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Lisa Baldini

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Lisa Baldini is a regular contributor to PSFK.com. As a student of Graham Harwood, Luciana Parisi, and Matthew Fuller, Lisa's interest in technology lies in how culture is changed from the bottom up through history, materiality, databases, user experience, and affective computing. A student of social media marketing, she sees how people try to engage consumers through technology and how much failure is at hand by misunderstanding the medium. A teacher at heart, she writes and curates in an effort to link the knowledge derived between the academic, art, and business worlds.

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