Free Solar Roof Installation? Google SolarCity Partnership Finances $750 Million in Solar Projects
8/12/2015
Ever wondered if free solar roof installation may ever be possible? Google partners with SolarCity to create a fund to finance $750 million in residential solar projects.
Google has been a big name in the Denver, Boulder and Littleton CO areas recently with the recent expansion of its presence in Colorado and the recent groundbreaking for its new campus in Boulder, CO. What you may not have heard about is another project Google is taking part in—a project which will benefit many homeowners who want solar roofing on their Colorado home. Google has recently partnered with SolarCity to create a fund to finance $750 million in residential solar projects.
Google and SolarCity’s fund covers the upfront cost of solar panels and installation for homeowners in 14 states!
Usually one of the biggest downsides is the initial cost of the panels and installation, which is what makes this program so interesting for many Boulder homeowners. Through this model, SolarCity (part of Tesla’s company group) will install the panels and lease them to you to use. They will also maintain the solar panels for you during the lease.
Why solar roofing?
Solar panels greatly reduce the carbon footprint of your home and can save you money in the process. If you’re a Boulder or Littleton resident, or if you live anywhere in the Denver area, this is definitely something you’ll want to look into!
Solar Makes Sense.
The number of homeowners “going solar” has increased by an average of 40% every year for the last 10 years. About half a million homeowners in the U.S. have determined that solar makes sense:
- You play a direct role in protecting the environment while
- Through solar roofing, you can reduce or even eliminate your electric bill
- Solar financing options are available in select regions (like through Google as we mention in this article) can help you go solar with no money down – allowing you to save money from day one! Yes, that means free solar roof installation!
- Homes with solar roofing have higher resale values and tend to sell more quickly
Did you know?…
A typical residential solar roofing system offsets about as much greenhouse gas as the average car emits. Adding one solar system is equivalent to taking one car off the road!