AT&T is bulking up its latest corporate sustainability plan.
A 296-kilowatt solar power system has officially been activated in San Diego, and it’s just the first of six company sites around California scheduled for solar installation. The goal is 2 megawatts of clean solar electricity. The Trade Street site in San
This year at the Intersolar conference, we had the pleasure of having lunch with Guy Snow, a seasoned installer from Las Vegas. As an installer, he works directly with homeowners and, therefore, has a good understanding of where the general public stands on solar education. We talked about what he sees as the major knowledge gaps for homeowners and what
How can companies like SunRun, Sungevity, and SolarCity provide a zero down or $1000 down solar lease while charging less per month than a utility company? Sound too good to be true? It’s not. Here’s a high level overview of how solar leases (and PPAs) work.
First, let’s briefly review how a homeowner would purchase and install a solar system without the benefit of a solar lease or PPA. A home owner purchases
Want to devise an incentive to get a new industry really humming? Try creating a $100 million dollar fund to finance its projects. That’s what PG&E Corporation (NYSE:PCG) and solar financing specialist SunRun Inc. have decided to do.
Working through its non-utility subsidiary, Pacific Energy Capital II, LLC, PG&E announced a $100 million tax equity agreement that will offer financing for more than 3,500 solar roof installations planned by SunRun nationally. The fund represents the largest residential
Power purchase agreements and solar leases can eliminate up-front costs and are ideal for commercial use.
When considering solar energy for your business, what you really want is the power, so why shell out for the system? That’s the basic scheme of financial agreements known as power purchase agreements and solar leases that cover up-front equipment and installation costs while the customer pays only a monthly amount.
Does this sound too good to be true? Well, it isn’t, but the process can be rather complicated and contracts become very complex, according to Matt Lugar, vice president of sales at Stellar Energy in Rohnert Park, Calif. Lugar outlined the primary types of financial structures available for solar and the impacts of the 2008-09 financial crisis on the marketplace during a workshop held at the California Center for Sustainable Energy in San Diego, Calif.