May 28, 2013

Solar City Raises $500 million from Goldman Sachs for Rooftop solar financing

Repost from Greentech Solar by Eric Wescoff | May 16, 2013

I subscribed to this site via email and via this blogsend address and there are many interesting stories from this site.  This talks about a Wall St. investment banking Goldman Sach firm financing rooftop solar panels leasing company Solar City The rooftop solar sales/leasing could go higher with the net metering.

I just do not know whether this could be made legal, or one has to be IPP to be able to do this.  If I were I rooftop solar panel installer, could I lease the panels under a power purchase agreement with the homeowner for say twenty years, and offer the same at rates lower than utilities.

At California it is at 3l cents and this could go to as high as 54 cents in 2022. 

What could be the rate of the rooftop lessors?  Say 20cents /kwh?   Consumers pay less, and lessors charge slightly higher than LCOE

If a company goes into leasing, can banks lend to the leasing companies;  or will banks go on solar leasing?  If you lease will DOE or Dept of Renewables treat you as an IPP

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