Leasing Plan for Solar Energy Relieves Homeowners of Upfront Costs

Leasing Plan for Solar Energy Relieves Homeowners of Upfront Costs

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solarcity-residential-panels.jpgAn energy company serving the Dallas-Fort Worth area announced in February that it had paired up with the SolarCity company to launch a groundbreaking residential solar energy program that doesn’t require homeowners to put up any money in advance.

There is no upfront cost for installation, and homeowners can instead make monthly lease payments on the solar panels. The savings on electric bills generally can be expected to exceed the monthly lease cost, TXU Energy and SolarCity officials say.

The program is already full, with a lengthy waiting list for next year.

(READ more at the Star-Telegram)

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