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Solar Shares

2007_07_13 solar shares.jpg

Solar shares. A new IPO? Not quite. The idea behind solar shares is that residents can invest in "shares" of a solar array built on top of a state owned building. In Ashland, Oregon, shares run for $1000, and the revenues produced by the solar array is deducted from the energy bill of the 'shareholder'. With individual residential purchase and installation of solar panels for powering a home still on the expensive side, this collective approach looks like a more affordable and easy way to incorporate solar energy into your day to day life.

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Comments (2)

That is such an awesome idea considering that actually getting solar panels for a home can cost $5-10k. This makes it quite a bite more obtainable for everyone.

posted by Mat on 2007-07-16 13:04:53
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If your interest in this venture is for the financial returns, I'd strongly suggest reading the full description on the city's site.

posted by wende in phoenix on 2007-07-17 21:37:51
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