Alternative financing plans address solar payback fears: 3 new plans offered

Journal Article · Mon Aug 16 04:00:00 EDT 1982 · Energy User News; (United States)

OSTI ID:6777485

Cohn, L

Four solar technology firms now offer alternative financing arrangements that require no capital outlay. The user has the option of purchasing the equipment from the vendor or third-party investor at the end of the contract. Joining Luz Engineering in offering these plans are Solar King Corp., Bioenergy Systems Inc., and Meenan Solar. The companies offer three options after financing the equipment and its installation at the end-user's site: the user buys solar power from the investor or vendor at a price lower than conventional energy sources; a shared-savings plan in which users share energy savings with the investor; or the user makes lease payments for a given period. Examples of each option illustrate how they work. (DCK)

• OSTI ID: 6777485
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 7:33; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

14 SOLAR ENERGY
140300* -- Solar Energy-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
299001 -- Energy Planning & Policy-- Solar-- (1989-)
ENERGY
ENERGY SOURCES
FINANCING
INVESTMENT
PAYBACK PERIOD
RENEWABLE ENERGY SOURCES
SOLAR ENERGY