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Residential Solar Power: New Program Opens to More Americans

Posted by GetSolar Staff In Friday, July 22 2016 under: Solar Policy, PACE financing, solar financing, Residential Solar

The White House has launched a program designed to bring clean solar energy into more American households and more income brackets through a simplified, no-money-down financing vehicle based on a homeowner's property tax bill. The goal is to bring 1 gigawatt (GW) online in low to moderate income communities across the country by 2020.

 

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Solar leasing on the rise

If you read this blog--or are otherwise invested in following solar in this country--you know that the cost of a residential solar installation can be intimidatingly high, even after the excellent incentives in many states have been applied. If you have a good site and live in a good state for solar, a PV system can be one of the smartest investments you can make in your home. But for many, they just can't locate the capital or take on the increased debt burden, even to achieve the energy savings and increased energy security that solar offers.

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