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Podcast: Energy Gang
Episode: Solar Loans: Should PV Be More Like Car Sales or Cable Television?
Description: Last year, 200,000 residential solar systems were installed in the U.S. More than two-thirds of those systems were third-party financed through leases or power purchase agreements.
But third-party financing is peaking. As solar costs come down, more consumers demand direct ownership of their own systems and installers look for simpler options, a growing number of lenders are coming into the U.S. market with loan products.
Will they rival leases and power purchase agreements? Not in the short term. But they are becoming much more popular – sparking debate around their value for customers.
This week, we’ll talk with Sungage Fina...