U.S. Bancorp leads solar venture aiming to install PVs in about 3,000 U.S. homes

Solar panels to be installed on roofs of homeowners who sign long-term lease

February 11, 2013

U.S. Bancorp and PV-maker SunPower have started a $100 million venture that can boost green standards on about 3,000 single-family homes nationwide. Independently owned solar-panel installers who have dealer agreements with SunPower will build the rooftop solar systems. The solar panels will be installed on the roofs of homeowners who sign a long-term lease agreement with SunPower, agreeing to buy the electricity through monthly payments.

 
 

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