15 Jul '11, 12pm

[email protected]: Groupon-Like Solar Purchasing Program

There’s a program in LA called Open Neighborhoods which has been in operation for a while. They are arranging solar installed for $4.78/watt (before federal, state and local subsidies) and state that they can bring that price down to $4.22/watt if enough people sign on. They are also arranging zero down lease programs. This looks to me as a way to get solar at a good rate. Material (panel, racking, inverter) prices fall significantly when one can purchase in volume. And by contracting with a single company to do the installations you’re hiring labor and not paying a lot of sales costs and inflated profits. (Even at $4.22/watt we’ve got a way to go. Rooftop solar costs about $3.50 in Germany.)

Full article: http://cleantechnica.com/2011/07/15/solarwork-groupon-lik...

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