Sunday, December 13, 2009

Leasing The Sun

Workers for Solar City help to install solar panels on a Westminster, Calif., home. The company leases solar panels to homeowners in California and Arizona. Newscom/File

From The Christian Science Monitor:

Discount deals and tax incentives help homeowners go solar.

If faced with a $700-a-month electric bill, one might be inclined to cast one’s eyes heavenward. So it wasn’t surprising that Lisa Max took a good hard look at rooftop solar panels as a possible solution to her soaring energy costs. But the estimates “shocked” the San Rafael, Calif., homeowner.

It’s a typical scenario faced by US homeowners who are eyeing solar energy as a way to help the environment and save themselves some cash at the same time. When they crunch the numbers, the financial clouds descend.

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