Californian Home Solar Lease
Many people associate having a solar installation on your own roof the work of hobbyists and are not to keen to climb on the roof themselves. And then there is the high cost, in the thousands of $, of such an installation. Fortunately this is not necessary, as a phone call to a specialized company will suffice to have all the work done for you, as well as monthly payments that could equal the savings on monthly payments to the utility company.
Sunrun, a company specialized in third-party solar leasing, announced that in 2012 $938 million worth of solar installations were leased in this way in California. This was a record and equal to all the previous five years combined. 75% of all Californian solar installations are financed this way. Californian state incentives no doubt had a hand in this development.