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Deers Company Offers Solar Without the Startup Costs

| Tuesday October 24th, 2006 | 0 Comments

solar3434.jpgDespite government incentives and a known payback period, many companies still find the startup costs associated with going solar to be prohibitive. A group called “Developing Energy Efficient Roof Systems” has emerged to challenge that concept. Starting with a major General Motors facility in southern California, they have assumed all the financing, risks, and installation costs for a huge solar array to be placed on the roof of the GM factory. In return, GM signs a contract to buy electricity and a certain rate from the company (DEERS). It’s a pretty brilliant idea. Read more in the NYtimes.


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