This article was first published by AlterNet.
HESPERIA, CA—Say hello to the thing that could save our gas-guzzlin’ suburban lifestyle: affordable residential solar power that’s within reach of the most cash-strapped America consumer. This breakthrough is not a result of technological innovation, but a new financing scheme cooked up on Wall Street called a “residential solar lease,” a no-money-down, low-monthly plan that has made solar electricity cheaper than the stuff we get by wire. It’s an old approach to a new source of energy, and it is taking California by storm. (more…)
January 16th, 2010 | Comments (26)