Georgia Power, EMCs Agree to Broaden Consumer Access to Financing for Solar Installations

Thursday, January 15th, 2015

Homeowners, churches and small businesses will soon have access to the financing available in two-dozen states for the installation of solar panels with little upfront costs based on an agreement announced Tuesday during a legislative hearing.

Coming up with $18,000 or more in cash to install photovoltaic panels on the average home is difficult for most homeowners. But if the agreement becomes law, they could lease their roof to companies that pay them back with free electricity, selling the rest to the utilities.

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