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Innovations in Solar Financing Driving Boom
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In the last year, the most effective innovations in moving solar power to the market haven't been in the technology itself, but rather in the financing of commercial and residential solar installations.
New financing options allow solar companies to separate the capital expense of the systems they sell and the tax benefits that accrue to the buyer from the final costs of the electricity produced. In doing so, the solar companies have made it possible for more corporations and even some homeowners to install systems.
Read "Pay for the Power, Not the Panels" to learn more about the power-purchase agreement (PPA) model of financing, as originated by companies like California's SunEdison and SunPower.
