explains why we keep bumping into each other

Now if there were affordable leasing programs for homeowners, or small business owners….that would be ideal. Who needs a co-op to provide such leasing opportunities if the manufacturers do it themselves at an affordable price. One might think that such a think would not be profitable due to the advancement of technology such as this. However, lets not kid ourselves in thinking break-through PV technological advancements with increased efficiencies would available for lease at the same cost as current ones. It would be just like any other service, there are always different levels of quality and performance.

Instead of shaking our fingers at the banks who are taking on such an endeavor, how about we thank them for helping save our environment. We’ll always need certain necessities to survive. If we can’t take it upon ourselves to start-up a co-op or encourage our city governance to adopt such leasing practices……who are we to criticize. Let’s be thankful their not just buying the alternative energy companies and making it their own to levy more control. Let’s stop criticizing what we wished we could do and go out and do what we can. If someone, be it a bank can help make the environment a better place while making a buck doing it…….MORE POWER TO THEM!

IT’S BETTER THAN THE ALTERNATIVE.

People on the grid can make use of wind, hydro, geothermal, and the 25GWs of storage we already have. All of those will grow.

Coop solar is a great idea. Probably the best solution for people who want to get solar on their roof. But not many areas have an established community program.

Leasing is not as good a deal for the homeowner. Obviously the leasing company is making some money off the deal. But if leasing gets more panels on roofs, that’s a good thing.

The most important issue, IMHO, is getting as much renewable generation on line as quickly as possible. If the bank/leasing company is making money off the roof owner I’m less concerned than I am about the number of roofs which don’t have panels.

These programs do offer good value–they take the guesswork and legwork off the individuals’ hands, and minds, and by pooling large numbers of homeowners, and the tax credits, together provide the solar PV systems at a lower cost, thereby getting installations done that may well not be done otherwise.

The fact that some big names are getting in on this may not impress everyone, especially if they are Wall St. banks, but it’s not the investment bank that owns the solar PV systems here, you should note, it’s the solar PV company Main St. Power. Morgan Stanley pays cash up-front for the pooled tax credits.