A new company called Citizenre is ramping up to build a new $650 mil factory in the NE of USA soon. Their plan is to rent residential solar power units that will provide 70-100% of the home owners needs. Obviously, this is dependent on size of roof, size of home, amount of electricity used a day and orientation of the roof line. If Citizenre can place 100,000 home units over the next 3 years, it will set a historic record and change the way solar systems are used and paid for. the home owner will have no out of pocket expenses for unit purchase, installation, maintenance, or permits. The most significant offer is a fixed 25 year electrical rate. This means that the home owner will not have any increase in the cents/kw that is generated by the solar unit for 25 years. If you are interested in checking this out for yourself go to
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16 years ago
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they do require a security deposit ($500.00) is going to be the average amount. But, this deposit is not due until they come to your home and evaluate the site for solar success. Only then do they ask for the deposit if you still want to install the solar power unit. I personally can no think of a better way to make solar available to the masses. Solar would have been much bigger by now had the cost not been so high. The present day systems cost average between $25,000-40,000.00 per home. With todays electrical kw prices of 8-14 cents, it would take the average home owner 15 years to recoup the investment. And that is not considering any maintenance fees. If Citizenre pulls this off, it will truely be a magnificent advantage for solar power and our environment.