The Solar Co-op
10 September 2009 - 5:00am
In Brighton, Colorado, solar panels on one person's farm could be built by an investment from another local, creating the first solar co-operative in the U.S.
Founder Jerry Marizza explains the idea.
"Here's how it works: For $1,050, an investor gets a 25-year lease on a photovoltaic panel set up on United Power's land. The co-op takes care of installation, insurance and maintenance. ("We'll squeegee it once a month," Mr. Marizza promises.) Investors can visit their panels any time and track their energy output online. Each month, they get credit on their bill for that amount."
Full Story:
Seeds for Change
Source:
The Wall St. Journal, September 8, 2009
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Instead of demeaning so-called "third world cities", we would do well to observe, understand, and adapt such approach on a much more widescale basis.
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