Dive Summary:
- Affordable Solar has teamed up with Sunnova Energy Corp. to lease solar panels to residents in New Mexico.
- The business will compete directly with utility electricity by providing solar energy for less than the cost of monthly electricity bills.
- For example, Affordable Solar would lease a 4.5-kilowatt residential solar system, typical for a 3 bedroom home, that would cost $79 a month with no upfront cost. Without a lease, that same system would cost a resident $18,000. Currently, 75% of Americans have access to solar energy through a solar lease, the company reports.
From the article:?
?Now New Mexicans can lock in their cost of electricity, paying for tomorrow's electricity at yesterday's prices.?
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Source: http://www.utilitydive.com/news/retail-solar-co-fights-utility-bills-in-new-mexico/134404/
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