Yup, that's right, there's a company in Colorado that will put solar
panels on your house at absolutely no cost. Of course, those solar
panels will be their's not yours. If you sign up for their 25 year plan, you don't even have to put down a security deposit!
The deal, then, is that you get to use the green power from your solar panels, but you have to pay the company, Citizenre
for it. The good news is that you only have to pay the average cost of
energy the year they install the panels. So, basically, it costs you
nothing, you pay the same amount for the energy as you paid for the
dirty energy from the coal plant, and you're sheltered from price
several strange things out of the deal. First, they're starting up
their own manufacturing plant to create the panels they'll be
installing. The plant gets tax credits that Citizenre
won't need, and it will be selling those credits off. They also will be
making money of subsidies provided for solar manufacturers and, in the
end, intend to make more off each solar panel than they put into
creating and maintaining it.
We truly are approaching cost-effectiveness for Solar. And since it's a
hassle to find big plots of land for giant solar farms, leasing out
rooftops is a logical step.
It's a strange plan, and one that will only work in sunny places with good solar subsidies. Citizenre, for example, doesn't work outside of Colorado, so most of us will have to wait on this one.