That antique 1973 law may finally change to greatly facilitate solar financing through power purchase agreements (PPAs), now that Georgia Power has finally realized the good PR it’s getting for its own solar power deployments.
Walter C. Jones, Jacksonville.com, 13 January 2015, Solar access for residences, churches, small businesses could become easier under agreement,
ATLANTA | Homeowners, churches and small businesses would 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.
Or cities or counties. Valdosta or Lowndes County, for instance, might save hundreds of thousands of dollars a year on utility bills if they could finance solar power through PPAs.
Georgia has the fastest-growing solar Continue reading