From Sovensolar - Economics the guiding light in solar progress
Business plan for solar (from slideshare)
This is obvious in Vermont Community Solar's partnership with Green Mountain Credit Union. They are pushing the solar industry forward by supplying loans to people secured by only the panels. No home equity need by tied up by what may seem like another big ticket item. The Credit Union see that solar equity is a stable investment. This is because PV panels will keep producing electricity even if the owner of the panel defaults on the loan. The credits can still accrue without inflation. Unlike electric rates which inflate at even a higher rate than the dollar.
What this study by Citigroup highlights is that Green Mountain Credit Union is not alone in this sort of thinking. Investment in solar has never looked so good. This is true both in a green energy mind set as well as a stabilizing economic force.
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