NewEnergyNews More: INVESTORS’ TAKE ON COMMUNITY SOLAR

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  • Tuesday, July 14, 2015

    INVESTORS’ TAKE ON COMMUNITY SOLAR

    Solar Energy for the Poor: How Obama Plans to Change Energy; Community solar gardens could be big business if the Obama administration gets its way.M

    Travis Holum, July 12, 2015 (Motley Fool)

    “…[E]nergy from the sun has been reserved mostly for wealthy homeowners and is out of reach for millions of lower-income Americans…[H]ouseholds in the top 60% of income in the U.S. account for 95% of all residential solar installations…[L]ower-income Americans often rent instead of own a home that could install solar…[That leaves over 40% of households] out of the market…[But] the White House proposed a number of measures to ramp up what's called community solar projects…making it possible for lower-income people to participate in the solar industry…Solar is a booming business nationwide, but this could bring an entirely new market into the fold…[Investors take advantage] by owning developers that will build community solar…[SolarCity is one of the largest publicly owned] participants…[C]ommunity solar gardens should come with lower default risk because the utility is essentially the intermediary…” click here for more

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