SolarCity's Solar System Leasing Option Coming to Colorado

Another renewable energy company is moving to Colorado to provide a unique opportunity to acquire solar power. SolarCity Corporation will lease solar systems to residential and commercial customers across the state. If you've wanted to purchase a PV or solar thermal system but are still experiencing a little sticker shock with up front costs, leasing that system might be a more approachable option. When you lease a solar system you essentially lock-in a rate at which you pay to your utility for a certain period of time. If your utility raises its rates (which they most certainly will do), you still pay that locked-in rate from SolarCity for the life of the lease. In addition, the leases are transferable if you sell your home.

This leasing method may be a little less intimidating for somebody who longs to start harnessing that free energy from the sun, wants to reduce their carbon footprint, or wants to save a little money each month. If you're interested, check it out and help put some Colorado folks to work!