Sunshine is not free

Selling Homeowners a Solar Dream

I totally dreamed this up ages ago. And I had the same conversation in my own head. When everyone shows up for their free solar panels, how am I going to pay for them all? We're talking enormous up front costs. Am I willing to wait a long time to get my money back and make a profit? What will Edison do to try to stop me?

It's a great idea, but it doesn't look like these are the guys to get it done. Yeah, the more you make, the cheaper they get. But pyramid scheme? Come on. This thing will sell itself once it gets rolling. Why bog it down. Someone else with a little more legitimacy please step up to the plate.

I say we look at these homeowner contracts as securities. Bundle 'em up and securitize. They're essentially low-yield, low-risk bonds. They already do this with home loans. Environmentally-conscious investors could jump all over these. Et voila! There's your financing. Maybe your local bank or lender will be where you go to get your free solar panel.