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Citizenre Introduces Home Solar PV Rental Program [View All]

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-07-06 10:43 AM
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Citizenre Introduces Home Solar PV Rental Program
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http://www.renewableenergyaccess.com/rea/news/story?id=46770

Citizenre's new REnU 25-year fixed rate residential solar electric system rental program allows homeowners in 40 states to choose green energy while eliminating the large upfront investment costs and premiums over power purchased from electric utilities.

Homeowners "lock-in" their electricity rate for 25 year, while most electric utilities are increasing their rates 5% to 30+% every year.

Citizenre Corporation manufactures, pays for, installs, permits, owns, maintains, and operates the solar photovoltaic (PV) system installation. Homeowners are required to pay for the electricity generated from these panels, at a fixed rate that is at or below their current electricity price, for up to 25 years, while Citizenre handles the engineering, procurement and construction.

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