Sunday March 21 , 2010

New York Passes Solar Financing Law, 192-0

The Phoenix Sun

Short URL for this article: http://is.gd/8RVfg

Solar Roof, photo by Marlith

Solar Roof, photo by Marlith

Why don’t more people “go solar?”

The number one reason is the relatively high up-front cost of buying a solar rooftop system.

Solar installation companies have devised several types of programs to take some of “the bite” out of the initial expense. There’s leasing, under which the homeowner pays only a small amount (or nothing at all) out-of-pocket, and the panels belong to the installation company.

Then there’s 1BOG’s business model (which we’ve written about before) under which a critical mass of homeowners in a city sign up, and 1BOG makes a deal with a single local installer that results in a lower cost due to volume.

A few cities have gotten into the act by treating solar power just like any other type of utility. For homeowners who want to participate, panels are installed and hooked up to the grid, at no up-front cost. The purchase price is paid back over several years through a small increase in the homeowner’s property tax.

Continue Reading at The Phoenix Sun 


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The Phoenix Sun

The Phoenix Sun covers solar power from Phoenix, Arizona – the sunniest major city in the nation. In addition to reporting on innovations in solar technology, green job growth and advice for homeowners who want to go solar, the Sun investigates stories you won’t find elsewhere. We cover the legal, political and regulatory framework that has kept the US solar power industry far behind competitors in Europe and Asia. And we track the potential for a solar surge today and tomorrow. The sun is edited by investigative reporter Osha Gray Davidson who has covered the environment and politics for 25 years, writing for Mother Jones, Rolling Stone, the New York Times, and other national and international publications.

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