Thursday, March 19, 2009
Financing Residential Solar Panels
I believe that Mark Strama and Roger Duncan both mentioned the idea of financing residential solar panels over 20-30 years using property tax payments as the payback system. I just read a NYT article about the program in California that you may find interesting: http://www.nytimes.com/2009/03/15/science/earth/15solar.html?ref=energy-environment
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Among the states they listed is Virginia. That does not sound like it may make that much sense as VA is a state with poor solar resources. Will they manage to payback the install cost there before the system needs replacing?
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