Tag Archives: financing

Notes for Mr. Blankenship —Michael Noll

Please note that the following was inspired by a letter (attached as a

photograph) that appeared in the Valdosta Daily Times in response to my earlier piece on “Solar: Infinite and Clean”. The Valdosta Daily Times seems to enforce a quota of sorts at this time, so they won’t publish my additional information for Mr. Blankenship and other “skeptics”.

Sources for the Skeptic

I have no idea why anyone would call companies in Mexico or Canada to research the feasibility of local solar energy projects. I also do not know what type of freezer the writer of “Seeking affordable solar energy” has. Either way, I will be happy to share more information, so that anyone interested in solar energy can do more research and educate himself.

At the state level you can contact the “Georgia Solar Energy Association” (www.gasolar.org/) to learn more about the viability of solar power in 2011, which is quite different from the situation in 2001. A larger solar firm our community Continue reading →

U.S. has plenty of solar energy everywhere —Jennifer DeCesaro of DoE

Jennifer DeCesaro of the U.S. Department of Energy (DoE) said she liked showing a map of U.S. insolation outside the U.S. southwest because then she could point out that Spain has not as good resources and a larger solar market, while Germany, the world leader in deployed solar, has solar resources like the state of Alaska.

So the U.S. has plenty of solar energy everywhere.

She made a few other comparisons between U.S. and Germany. U.S.: 30% investment tax credit. Germany: National Feed-in Tariff.

She talked about SunShot: the Apollo mission of our time. It aims to reduce solar costs by 75% by the end of the decade, making solar cost-competitive with fossil fuels without subsidy.

Actual panels cost about the same in U.S. and Germany, but the rest Continue reading →

SolarCity does everything —Will Arnold of SolarCity

Will Arnold spends a lot of time in Toronto for SolarCity but he came to Atlanta to talk to Southern Solar Summit.

SolarCity does everything from financing to design, installation, monitoring, and maintenance.

SolarCity’s founders are all IT people. The most famous is perhaps Elon Musk, who also founded Paypal and SpaceX. Two other co-founders sold their previous company to Dell, and SolarCity just got a $280 million investment from Google. I’ve been comparing the solar market now to Silicon Valley 20 years ago, because of how fast it’s growing, how pragmatic and experimental it is, and the general attitude of the people. It turns out in SolarCity it is Silicon Valley.

Will Arnold talked a lot about state incentives that sometimes seemed perpetually going to be solidified soon or other regulatory whims.

He remarked that SolarCity’s leases were predicated on people Continue reading →

Solar panel estimate business: Sungevity @ Lowe’s

Maybe some one could start a business like this here.

Wendy Koch wrote in USA Today 16 May 2011, Lowe’s to offer Sungevity solar panel estimates:

Wonder how much solar panels on your home would cost and how much power they’d produce? An easy answer will soon be at hand at Lowe’s home improvement stores in eight U.S. states.
Beginning this summer in California, select Lowe’s stores will have kiosks provided by residential solar company Sungevity. These booths will feature the company’s iQuote system, which uses aerial and satellite imaging to give shoppers a firm installation estimate within 24 hours. The California-based company offers solar leases, which include monitoring, repairs, and a money-back guarantee.

-gretchen

Sharable solar

Beth Buczynski wrote in shareable: ecosystem 13 May 2011 about Solar Energy Meets The Sharing Economy:

Although it’s one of the only forms of energy to offer a 100 percent return on investment, solar energy has only been adopted by about 1 percent of the U.S. population. A recent solar energy industry report indicated that cost and complexity were two of the biggest reasons why people are slow to invest in solar technology.
Solar Mosaic brings the popular crowdfunding technique to the clean tech industry by developing a way for communities to create their own renewable energy without going into debt.

I don’t get the complexity part, since certified installers do that for you. But up front cost is the hurdle pretty much everybody local mentions as to why they haven’t installed solar yet. As I’ve mentioned before, Solar Mosaic is one answer to that. It’s one way of implementing what Alden Hathaway says about solar power is the people’s power.

-jsq

Solar Mosaic helps you hurdle solar financing

Financing is the biggest hurdle I hear local people cite as stopping them from going solar. There are companies that lower that hurdle.

Like SolarCity in California and Oregon, Mosaic, also in California, handles financing. Mosaic has some interesting additional community wrinkles. No, not just their heavy use of facebook and other social networking. Also this:

Together we all go solar. from Solar Mosaic on Vimeo.

Also ways for individuals and groups to buy into panels Continue reading →

Solar no money down in Oregon

Richard Read wrote in The Oregonian on 4 Jan 2011, Oregon homeowners can now go solar with no upfront costs:

Oregonians put off by the high price of renewable energy can now go solar on the cheap, installing panels for no money down.
Contractors in a handful of states are starting to offer solar to the masses with lease deals that eliminate upfront costs. Oregon is joining the trend, thanks to regulations that took effect Jan. 1.
The Portland branch of a national solar company unveiled a lease program Tuesday enabling homeowners to put up panels for low monthly payments, cutting their electricity bills and carbon footprints. At least one other contractor, a local company, is developing similar products.
Managers of SolarCity, a California-based company, say Oregon homeowners can go solar for as little as $20 a month with no up-front costs. The new financing option, which incorporates state and federal tax credits….

They’re talking $25/month with no money down. That’s a thousand miles north of here, in rainy Oregon. Maybe we should just invite SolarCity to operate here.