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2012-05-10. Solar Installers Offer Deals, Gaining Converts

posted May 10, 2012, 4:28 PM by Lisa Ou
 | by DIANE CARDWELL, The New York Times. An article relevant to GSS Energy Use chapter 10. Excerpt: Jay Nuzzi, a New Jersey state trooper, had put off installing solar panels on his home here for years, deterred by the $70,000 it could cost. Then on a trip to Home Depot, he stumbled across a booth for Roof Diagnostics, which offered him a solar system at a price he couldn’t refuse: free. Similar deals are being struck with tens of thousands of homeowners and businesses across the country. Installers, often working through big-box chains like Home Depot or Lowe’s, are taking advantage of hefty tax breaks, creative financing techniques and a glut of cheap, Chinese-made panels to make solar power accessible to the mass market for the first time. The number of residential and commercial installations more than doubled over the last two years to 213,957, according to Greentech Media, a research firm. Major players in the installation business, like SolarCity, Sunrun and Sungevity, are thriving even as the other side of the industry — solar module makers — has been squeezed to the breaking point by fierce competition from Chinese manufacturers. Read the full article: http://www.nytimes.com/2012/05/10/business/energy-environment/solar-installers-offer-homeowners-deals-gaining-converts.html?_r=1