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IA: Iowa Ruling Shows the Way to Third-Party Solar Without Legislation
The Energy Collective: Third party financing of solar energy has become a hot commodity around the country. Historically, individuals or businesses that wanted solar power had to pay for the system up front and then realize the savings over time. Essentially, the first kWh cost $16,000 or more, but then the electricity is free as long as the panels last. Solar owners who bought systems this way always got the question, “how long does it take that system to payoff?” (Funny, I’m not aware of any electric utility saying the bill they send you is going down because they’ve “paid off” their power plants, but I digress.)
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