Cheap solar energy closer to becoming a reality

Like many people concerned about the environment, Kirk Thomas had thought about cutting his use of fossil fuels by generating electricity with rooftop solar panels.

But the Bel Air salesman says he didn’t have thousands of dollars sitting around to pay for the hardware and installation. And even if he took out a loan, he knew it would be years before the savings from making his own power — reflected in a substantially lower BGE bill — would cover the cost.

Next month, however, the Thomas household expects to install a solar array for no money down. They’re leasing it. And even including the monthly rental payments, Thomas expects to see immediate savings on his power costs.

Jay Hancock

Full Story: http://www.baltimoresun.com/business/bs-bz-hancock-solar-leasing-20110703,0,169075.column

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