Friday, July 31, 2009
Municipal Solar Financing
So I stumbled upon this idea the other day while reading an article about New Jersey and it becoming one of the greenest states in America. The idea behind this financing is that the state and local governments will loan an individual the amount needed to retrofit their house/garage/shed with solar panels; then the municipalities would assess a special tax upon the property over 25 years to recoup their investment/loan in your property. I think this is a great alternative for those who want to live more green but don't want to or can't get a loan from traditional sources. I hope that Wisconsin and other states follow this initiative!
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