Bills back trend of rental solar panels

Solar panels on a roof.

Solar panels on a roof. (Photo by Pujanak)

WASHINGTON – More and more Coloradans are opting to lease solar energy systems for their homes to avoid the large up-front cost of buying solar panels.

To facilitate the practice, Sen. Mark Udall, D-Colo., is backing a bill to reduce the risk to companies that want to rent solar equipment.

Meanwhile, Gov. John Hickenlooper signed a bill Friday to reduce the permitting fees that local governments charge installers.

Colorado already ranks as a top market for the solar business. The state government provides a number of loans, tax exemptions and rebates for system installation. The state also has the third-highest number of solar installers affiliated with the American Solar Energy Society, according to FindSolar.com.

Read the rest of the article at the Durango Herald.

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