News Brief

Google Searches for Rooftops to Cover with PV

by P.J. Melton

As many as 10,000 homeowners in 11 states could be getting a free PV installation like this one from SolarCity, thanks to a program that adds to Google’s massive recent investments in renewable energy.

Photo: SolarCity
Google will provide free photovoltaic (PV) installations to 10,000 homeowners as part of a $280 million program with PV installer SolarCity.

In exchange for the installation, which would typically cost tens of thousands of dollars, homeowners will agree to pay a set amount (lower than typical utility costs) for the power produced by the PV system. Google will reap returns in the form of tax incentives for solar installations and by collecting interest on its loan to SolarCity, which operates in 11 states. The financing program continues Google’s recent spate of funding for massive renewable-energy projects, including $100 million invested in an 845 MW wind farm under construction in Oregon.

Published June 30, 2011

Melton, P. (2011, June 30). Google Searches for Rooftops to Cover with PV. Retrieved from https://www.buildinggreen.com/newsbrief/google-searches-rooftops-cover-pv

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Volume 20, Issue 7