Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

ConEdison Solutions & SunPower Launching Residential Solar PV Lease Program In NY State

SunPower and ConEdison Solutions are partnering to bring a residential solar photovoltaic (PV) system leasing program to the state of New York, according to recent reports. The new program will give residents in the area the option of leasing high-efficiency SunPower solar power systems at “affordable” rates.

The systems will be leased by ConEdison Solutions via terms of up to 20-year periods — a setup that will see users pay monthly leasing payments to the company. SunPower will then be providing the systems with a 20-year limited warranty, as well as a production guarantee for every system.

SunPower-2

“Increasing numbers of New York families are choosing solar leases, and we want to make their decision as easy as possible. We are combining the strength of our trusted brands to meet the demand for reliable, rooftop solar solutions,” stated Michael Perna, Vice President of ConEdison Solutions. “Through this residential lease program, homeowners may save on their electricity from day one after activation, with no upfront costs. They’ll also be helping reduce carbon emissions by increasing the use of clean, reliable solar power in our communities.”

“With high quality SunPower systems, ConEdison Solutions’ customers can depend on a high level of energy assurance compared to systems using conventional solar technology,” commented Howard Wenger, SunPower president, business units. “More than 27,000 U.S. homeowners are leasing SunPower solar power systems today. We are pleased to team with ConEdison Solutions to extend the program and make solar accessible to more New York families.”

Given the commercial standing of the two companies, and the growing market for residential solar systems in the state, the new leasing program seems likely to be, at the very least, fairly successful.

This new program follows previous cooperation between the two companies on various projects — including the development of a 1.28 megawatt (MW) rooftop system on the top of Boston Scientific Corporation’s international distribution center in Quincy, Massachusetts.

Image Credit: SunPower


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

 
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Batteries

A couple of mid-term and long-term targets are often expressed by people who follow this industry closely: 50% EV market share by 2025 and...

Clean Power

Atlas Renewable Energy has adopted NEXTracker’s TrueCapture orientation software for several new solar projects in Latin America, while retrofits are in the works for...

Clean Power

Formerly the crown jewel in the SunEdison renewable energy portfolio, yieldco-turned-renewable power company TerraForm Power has reported steady financial results in its first year...

Clean Power

TerraForm Power, formerly a yieldco of the now-bankrupt SunEdison and now backed by Brookfield Asset Management, has this week launched a takeover bid to...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.