New Solar Financing?
Mosaic and RSG Energy are partnering to offer homeowners who want to have solar energy panels on their home a loan that comes at no deposit. Many homeowners would likely want to have solar panels on their home, but they simply do not have the funds to put down a down payment on the technology. With these new loans, solar panel enthusiasts in California can get a loan to build and install their solar panel and simply make the payments.
This makes solar power far more practical for many people in the state who have wanted to get on the solar power bandwagon. These loans also offer homeowners ownership of the panels and increase their home value. This could be a boon for the solar energy market in California, but it could also be a boon for the housing market that would see home prices rise as more home are energy independent.