e360 digest


13 Mar 2014: Solar City Partnering With
Best Buy to Sell Residential Solar Leases

Emerald ash borer
Solar City
A Solar City residential installation in Hawaii
Solar City, a company that installs and leases solar panels to homeowners, is partnering with big-box electronics seller Best Buy in hopes of boosting solar sales in California, Arizona, Hawaii, Oregon, and New York. Solar City will station salespeople in 60 stores throughout those states to pitch the benefits of their 20-year solar contracts directly to consumers, and Best Buy will take a cut of the sales. Based on a homeowner's utility company and monthly electric bill, Solar City representatives will be able to quickly give potential customers an estimate of the costs and savings associated with a solar lease. Leasing enables a homeowner to avoid the large upfront costs associated with purchasing and installing solar panels by spreading those investments over a 20-year lease and locking in a set rate for electricity generated by the panels. Solar City and its competitors cannot guarantee savings, however, since the contracted rate could be higher or lower than a utility company's rate 10 or 20 years in the future. Residential solar installations have accelerated in recent years — 2013 showed the fastest growth ever, and 2014 should break that record — largely due to the popularity of leasing programs.

Email      Recommend     Tweet     Stumble Upon     Digg     Share    


Yale
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
.

SEARCH e360



Donate to Yale Environment 360
Yale Environment 360 Newsletter

CONNECT

Twitter: YaleE360
e360 on Facebook
Donate to e360
View mobile site
Bookmark
Share e360
Subscribe to our newsletter
Subscribe to our feed:
rss


ABOUT

About e360
Contact
Submission Guidelines
Reprints

E360 en Español

Universia partnership
Yale Environment 360 articles are now available in Spanish and Portuguese on Universia, the online educational network.
Visit the site.


DEPARTMENTS

Opinion
Reports
Analysis
Interviews
Forums
e360 Digest
Podcasts
Video Reports

TOPICS

Biodiversity
Business & Innovation
Climate
Energy
Forests
Oceans
Policy & Politics
Pollution & Health
Science & Technology
Sustainability
Urbanization
Water

REGIONS

Antarctica and the Arctic
Africa
Asia
Australia
Central & South America
Europe
Middle East
North America

e360 PHOTO GALLERY

“Peter
Photographer Peter Essick documents the swift changes wrought by global warming in Antarctica, Greenland, and other far-flung places.
View the gallery.

e360 MOBILE

Mobile
The latest
from Yale
Environment 360
is now available for mobile devices at e360.yale.edu/mobile.

e360 VIDEO

Warriors of Qiugang
The Warriors of Qiugang, a Yale Environment 360 video that chronicles the story of a Chinese village’s fight against a polluting chemical plant, was nominated for a 2011 Academy Award for Best Documentary (Short Subject). Watch the video.


header image
Top Image: aerial view of Iceland. © Google & TerraMetrics.

e360 VIDEO

Colorado River Video
In a Yale Environment 360 video, photographer Pete McBride documents how increasing water demands have transformed the Colorado River, the lifeblood of the arid Southwest. Watch the video.

OF INTEREST



Yale