I recently came across a partnership between a low-cost solar panel manufacturer, First Solar, and a leasing company, SolarCity. I've been toying with the idea of going solar...my house has a huge sloping roof that faces southwest...but the $30,000 - $40,000 upfront cost is more than a bit prohibitive. I want to be green, but I need my greenbacks more these days.
A recent article in Green Business hipped me to a solution: lease the panels for 20 years instead.
First Solar and SunCity are making big cash layouts for solar panel installations obsolete. The companies say that a typical $150/month electric bill would require only an additional 10 bucks per month to cover the lease. Then, get this, the amount of electricity produced would actually turn into positive cash flow.
And the best part? The company maintains and owns the panels. So as better panels become available, you're not stuck with the equivalent of a 386-cpu (a PC circa 1988) latched on your roof like a rotting albatross.
I'll call these guys and see what comes of it. Stay tuned.
make homemade solar panel
This is the first time I’ve read about this. I keep learning new things everyday!
Posted by: make homemade solar panel | November 06, 2009 at 01:38 AM