18 May '12, 9pm

Solar News Roundup

Solar News Roundup

The largest city-sponsored solar financing program in the U.S. has relaunched in Phoenix, Arizona. The program “will allow up to 1,000 Arizona homeowners access to affordable solar power” and “Secretary Chu formally recognized the program as an ideal national model of private solar funding that can be easily replicated in cities across America…. Solar Phoenix 2 allows qualifying homeowners throughout Arizona who are within the APS (Arizona Public Service) and SRP (Salt River Project) service territories, to install a solar system on their home with no upfront investment. Homeowners simply pay monthly to lease the equipment and enjoy the clean solar electricity the system generates.” It’s expected that homeowners in the program will see 10-15% savings on their electricity bills from this.

Full article: http://cleantechnica.com/2012/05/18/solar-news-roundup/

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