Instead of selling solar panels to homeowners, SolarCity’s main business is leasing the panels. The consumer pays SolarCity a monthly lease payment – about $75 for a 2.8 kilowatt system – which, when combined with his newly-lowered electric bill, typically adds up to a savings of 10% to 15%.
As Lori and I look to purchase by January 2009, I am totally looking into solutions like this to save, go green and offer an opportunity to live a little more of what I believe!
Awesome!
pd