12 Apr '11, 1pm

Financing Residential Solar: Which Option to Choose?

Financing Residential Solar: Which Option to Choose?

Michael Leibreich, chairman of Bloomberg Finance’s Research Group on New Energy Finance, recently stated that he believes the cost of developing a solar power project will be cut in half in the next decade. These cost reductions will pave the way for utility scale solar and they will also help make solar a viable option for residential solar. Residential solar installations will remain a key part of the solar industry’s remarkable growth, and the distributed nature of these systems represents some of the most unique and most advantageous aspects of solar technology; however, reductions in technology costs are not enough to make solar affordable for everyone. Luckily, today, a homeowner has more options than ever to help finance the installation of a solar energy system . The most basic way is to pay for the system out of pocket. This approach leads to the highest rate of r...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2011/04...

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