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Browsing the "solar banks" Tag

Big Banks Inflate Solar Project Value to Boost Tax Credits

July 18th, 2011 | by John Farrell

Solar leasing has offered thousands of homeowners a “no money down” route to go solar, broadening participation in the distributed generation revolution. Unfortunately, this revolution has been co-opted by high finance. Big banks have been able to write off millions in taxes by over-reporting the cost of financed solar PV projects in what may be the country’s next banking scandal



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