Solar City Offers Zero-Down Financing For Home Builders

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SolarCity, one of the key companies that made solar power more attractive to its potential customers via solar panel leasing (so they won’t have to put the full cost of a solar installation up front), is now offering a policy that enables home builders to install solar panels without paying up front.

This may really help the effort to get more new houses built with solar panels preinstalled, as the upfront cost of solar panels is probably their greatest deterrent, as indicated by the way in which customers have swarmed to solar leasing despite it often being a bit more expensive for them simply buying the panels on their own.

Recently, the governments of Lancaster, California and Sebastopol, California mandated that solar panels be installed on all homes, and in the case of Sebastapol, commercial buildings as well.

SolarCity will certainly accelerate this effort to make solar a mainstream, standard power source on new homes across the country.

Main Source: Yahoo! News