SunPower and ConEdison Solutions are partnering to bring a
residential solar photovoltaic (PV) system leasing program to the state
of New York, according to recent reports. The new program will give
residents in the area the option of leasing high-efficiency SunPower
solar power systems at “affordable” rates. The systems will be leased by ConEdison Solutions via terms of up to
20-year periods — a setup that will see users pay monthly leasing
payments to the company.
SunPower will then be providing the systems
with a 20-year limited warranty, as well as a production guarantee for
every system.
“Increasing numbers of New York families are choosing solar leases,
and we want to make their decision as easy as possible. We are combining
the strength of our trusted brands to meet the demand for reliable,
rooftop solar solutions,” stated Michael Perna, Vice President of
ConEdison Solutions. “Through this residential lease program, homeowners
may save on their electricity from day one after activation, with no
upfront costs. They’ll also be helping reduce carbon emissions by
increasing the use of clean, reliable solar power in our communities.”
“With high quality SunPower systems, ConEdison Solutions’ customers
can depend on a high level of energy assurance compared to systems using
conventional solar technology,” commented Howard Wenger, SunPower
president, business units. “More than 27,000 U.S. homeowners are leasing
SunPower solar power systems today. We are pleased to team with
ConEdison Solutions to extend the program and make solar accessible to
more New York families.”
Given the commercial standing of the two companies, and the growing
market for residential solar systems in the state, the new leasing
program seems likely to be, at the very least, fairly successful. This new program follows previous cooperation between the two
companies on various projects — including the development of a 1.28
megawatt (MW) rooftop system on the top of Boston Scientific
Corporation’s international distribution center in Quincy,
Massachusetts.
Image Credit: SunPower
http://cleantechnica.com/2015/08/09/conedison-solutions-sunpower-launching-residential-solar-pv-lease-program-ny-state/
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