By [email protected] There has been a lot of recent effort put into broadening solar energy access, in particular to improve the availability to the low-moderate income sector. And a bank in Colorado is providing an example of how financing projects in this sector can work.
Historically, building solar in low-moderate income communities has been complex. Members of the low-moderate community frequently rent their homes, where there is generally a split incentive between the property owner and the tenant, who pays the utility bills. They may also have lower credit scores or simply less credit history on which a solar system can be underwritten.
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