Solar Panels for Rent for Homeowners
This was in yesterday's Boston Globe: SUN FOR RENT Boston Globe It's an old energy problem with a new solution: After decades of facing prohibitively high costs to install solar panels, Massachusetts residents will be able to lease the panels for a tiny fraction of their upfront cost. Beth Daley May 24, 2009 --> Sun for rent State hopes affordable leases will make panels an electricity option for more homeowners By Beth Daley, Globe Staff May 24, 2009 It's an old energy problem with a new solution: After decades of facing prohibitively high costs to install solar panels, Massachusetts residents will be able to lease the panels for a tiny fraction of their upfront cost. Instead of paying $25,000 or more to buy solar panels, homeowners will have to shell out only about $1,000 to install the energy collecting devices on roofs. The companies involved in the leases say most homeowners will be able to recoup the initial cost within seven years through electricity savings - an...