Solar with no money down


Oregon homeowners can now go solar with no money down, thanks to a lease program that will install solar panels for low monthly payments.

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Oregon homeowners can now go solar with no money down, thanks to a lease program that will install solar panels for low monthly payments.

Managers of SolarCity, a California-based company, say Oregon homeowners can go solar for as little as $20 a month with no up-front costs. The new financing option, which incorporates state and federal tax credits, results from an Oregon Energy Department rule change.

The new approach departs from programs that have required homeowners to spend thousands of dollars on systems that gradually yield returns. The lease option may not cut a homeowners’ electricity bills that much, but it can warm the hearts and homes of utility customers who want to go green.

Read more at OregonLive.com.

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