The tubes started buzzing earlier this week with news that leading corporations 3M, Cisco Systems, and Kimberly-Clark Corporation have partnered with the World Wildlife Foundation and the National Geographic Society to offer their employees something that we’re going to call “instant” solar financing on their home solar systems. The idea is to take advantage of bulk-order group purchasing power to slash costs, and to vet one standout solar company to manage the financing and pre-qualify reliable contractors to provide the installations.
Giving employees a great deal on home solar installations is just part of the perk. The other part is relieving individual solar purchasers from all the time, hassle, and guesswork involved in choosing a reliable solar financing and installation company.
The solar company selected by the partnership is Geostellar, which has received Energy Department funding to develop a low cost, streamlined solar purchasing process that enables it to offer one of the best solar deals, if not the best, available today.
But wait, there’s more — lots more. The excitement was touched off by a story in The New York Times on October 22, but the new solar financing partnership is just one small piece of a huge bundle of solar initiatives announced by the Obama Administration back on October 18. Somehow that slipped under our radar, so before we dig deeper into the solar financing perk let’s take a look at the whole package.Click to continue reading »