?This partnership will go a long way for our current and future customers,? said Standard Solar President Scott Wiater. ?Not only will it help businesses and homeowners significantly cut costs of their solar energy systems, but it will help those considering solar energy to realize that alternative energy is an affordable solution.?
Solar renewable energy credits are a critical component to making solar energy an affordable option for homeowners and businesses, and can compose up to 30 percent of a solar energy system?s payback. Through Standard Solar?s partnership with Sol Solutions, customers will have access to competitive SREC pricing and the resources to secure the maximum benefit from their SRECs.
Through one SREC program, Sol Upfront, customers can receive immediate financing for their systems. Sol Systems will purchase all estimated SREC production for a 10-year period, providing customers with a one-time, lump-sum payment that can be used to pay off installation costs. The Sol Annuity SREC option allows customers to lock in the current SREC rate and receive payments for each full SREC produced. This gives customers reliable, quarterly payments as solar energy is generated.
?We are excited to work with Standard Solar, an installer with one of the best reputations in the Mid-Atlantic region,? said Sol Systems CEO Yuri Horwitz. ?The partnership will extend our solar financing services to hundreds of homeowners and businesses and give them easy, economical ways to invest in solar.?
Standard Solar is also participating in Sol Lease, which allows Washington DC homeowners, schools, churches, businesses and non-profits to secure solar energy with no up-front costs. By paying a fixed, monthly payment, these groups can enjoy the savings and benefits of solar energy produced from a solar energy system for a 10-year contract term.
Source: http://feedproxy.google.com/~r/blogspot/NrBn/~3/FE6tvNzLL74/rockville-md-business-wire-standard.html
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