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Wednesday, February 21, 2007

More on Citizenre from Wired Magazine

Instead of making you spring for $25,000 or more in gear, Citizenrē says it will loan you a complete rooftop solar power system, install it for free and sell you back the power it generates at a fixed rate below what your utility charges. The company hopes to make back its investment with those monthly payments, augmented by federal tax credits and rebates. The big issue here is that sales agents are selling these solar systems even though the manufacuring plant hasn't even been built. I hope to hear more on the development of their 600,000 sqft "largest solar manufacturing plant in the world" as I think Citizenre needs to do alot of PR coupled with hard proof of progress to counter the controversy and skepticism surrounding this venture.

read more at Wired.com | digg story

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