You are lucky if you live in one of these 8 states and want to go green:
There are now at least eight states in the US where you can get a free solar system to supply your home’s electricity at a lower rate than your utility does. These eight states allow private companies to compete with their utilities that sell power by the kilowatt hour, through a “lease” or a power purchase agreement, or PPA.
The three companies that stepped in to offer these $0 down options are Solar City (OR, CA,TX),SunRun (CA, AZ, CO, NJ, MA) and Gro Solar (PA, CA). Sungevity also offers yet another PPA, providing yet a third option for Californians.
Typically, the way they do this is to find investors or banks who will front the money for a large number of installations, and they own the system, so you don’t have to apply for a bank loan to put solar on your roof.
Once installed on your roof, you either make lease payments or just pay monthly for electricity by the kilowatt hour, the same way you pay your current electric utility.
Companies offering leases or PPAs can in many cases offer $0 down. You get a free solar system and start paying a lower monthly rate than before.
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