Solar Power Residential Leases in California
Tuesday, January 12th, 2010
The nation’s largest, privately-owned roofing and solar energy company, has announced an exclusive partnership with SunRun, the nation’s leading provider of residential solar financing, on a ground-breaking leasing program that enables Californians to purchase a new solar home at the price of a standard home, locking in low, fixed electricity bills for 20 years.
“At PetersenDean, we provide SmarterRoof technology and consumer-driven options so that the roof on your house works for you, saving you money and the environment. This program will not only transform how people consume electricity, but will make clean, renewable energy accessible to Californians.”
As utility fees continue to increase in California, this innovative solution allows homeowners to lock in a low rate for electricity over the course of the lease. This program would allow households to pay as little as $50 a month on average, saving families more than $800 per year in the first year and tens of thousands of dollars over the course of the lease. Most solutions provided through the program require no money down, and the lower operating costs of these homes give the homes a higher resale value.

