Solar Utility Industry

Generally, homeowners are discouraged from installing solar power by the initial costs of installation and the costs to maintain the system-- but a revolutionary solution has emerged. Companies are forming to provide homeowners with the option of renting solar systems. As opposed to owning expensive individual solar panels, the system is installed at a substantially lower upfront cost. Homeowners are then charged a fixed rate for the electrical output used from the solar system.
While ownership of solar panels can require an upfront $30,000 investment, Sun Run Generation LCC of San Jose, California charges an initial fee as low as $3,500. Sun Run charges clients 13.5 cents per kilowatt hour, which is lower than the 15 to 35 cents currently charged by traditional electrical utilities. Sun Run guarantees a minimum output produced by the solar system, and also includes system maintenance, monitoring, and repairs at no extra cost.
The emergence of such companies should surge the prevalence of economically-feasibly solar energy systems in the domestic sector, thereby ensuring the continued promotion of alternative energy sources for individual residences.

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