Maryland and Washington, D.C. homeowners, how would you like to get solar power installed on your rooftop for free? Rockville-based Clean Currents is partnering with SolarCity to offer just that, via a Power Purchase Agreement (PPA) that will allow homeowners to purchase solar-generated electricity at a rate lower than the local utility company offers, but still pay back the cost of the system over the long term, removing upfront costs. So what’s not to love here?
Under the new program, homeowners sign a fixed-price PPA with Clean Currents and get a free solar panel installation on their roofs from SolarCity. The latter company also also insures and monitors the systems, guaranteeing their performance and providing necessary repairs at no additional cost. As an added benefit, both electricity supplied by the local utility and electricity generated via the rooftop system will be encompassed by a single bill, removing potential confusion from the process of running two sources of juice.
“The Clean Currents Solar PPA will vastly improve how homeowners buy clean electricity in Maryland and Washington, D.C. by allowing them to lock in a competitive fixed rate for decades, while helping the environment and promoting green power,” said Gary Skulnik, Clean Currents’ President, in a statement. He goes on to note that the partnership between Clean Currents and SolarCity has resulted in a first-of-its-kind product.
And if that weren’t enough to get homeowners on board with rooftop solar, Clean Currents is offering the first month of solar power free to anyone who signs up before World Environment Day (June 5th, 2012). The program will be limited to specific utility territories in Maryland and Washington, D.C. initially, with plans for future expansion. More information is available here.