Utility PG&E to finance rooftop solar panels

[wpsedgwick]

Source: Green Technology Daily

Pacific Gas & Electric will fund the installation and leasing of solar panels at about 1,000 homes and businesses this year.

The California utility on Wednesday announced a deal with SolarCity, a Silicon Valley start-up that will provide PG&E customers the financing to install rooftop solar panels with little upfront money. PG&E subsidiary Pacific Venture Capital will provide $60 million in tax equity to SolarCity for its installation and financing services.


Read more: http://www.greentechnologydaily.com/products/610-utility-pgae-to-finance-rooftop-solar-panels

[tabatha]

1. Hope SCE follows.

[conscious evolution]

2. I wish

the Southern Company would do the same.
Instaed they write laws for my state that results in homeowners paying for renewable systems and then having to give excess power to the utilty for free.