Sunday, January 11, 2015 11:07:09 PM
The very key phrase here is "At the moment." What happens if cold fusion or something hits the market in 5 years? Now nobody wants solar and suddenly Solarcity is billions in the hole with a bunch of panels no one wants lol.
I think they realized how risky the 20 year lease is for them which is why they are now switching to the customer ownership loan model so the customer bears the burden if new tech renders solar obsolete. SUNworks has focused on customer ownership from the start, so we aren't sitting on millions worth of potentially outdated panels.
Funny how a $3 billion asset can turn into a $3 billion liability real quick.
Now go away, shill.
Haha just kidding.
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