30 Sep '11, 7pm

OneRoof Energy Raises $50 million for Roofing/Solar Combo - SustainableBusiness.com

OneRoof Energy, the nation's first residential solar company that works directly with roofers to lease and install residential solar systems, raised $50 million in financing. The company works with builders and roofing contractors to combine roofing and solar installation into one seamless process. OneRoof installs and owns the solar systems. "We believe the most efficient and cost-effective way to install a solar system is at the time a roof is built or rebuilt, and our first-round investment partners agree," says David Field, OneRoof CEO. " Our product and model will significantly increase the number of homeowners installing solar power systems." Homeowners simply lease the system, avoiding upfront costs and maintenance expenses. Their monthly lease payment is combined with their new, lower electric bill, which is typically lower than their existing bill without solar. A...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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Nice write-up of last Saturday's event! Hey @tweetfromgeorge, have you read the article?

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