Friday, April 04, 2014 5:55:22 PM
How does this work? Sunworks would lease the panel to a customer for a set number of years and when this lease is up SUNworks owns the panels? Do they try to re-lease them back to the customer after this? Or do they sell the energy back to the grid? I know there are a lot of legal issues surrounding reselling excess energy and the laws should change significantly over the years. But it's an interesting concept and would be a continuous source of income.
It's a great business model to make money off the initial installation of a panel and then the company still owns the product for long term use. That would be a major asset to actually own a bunch of these panels. And the customer lowers their energy costs so it's a good deal for everyone.
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