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July 16, 2011 05:21 pm GMT

A Groupon For Solar? Solar@Work Offers Buildings Discounts For Going Green Together

Group buying is moving into the commercial clean energy space thanks to Solar@Work, a program designed by San Francisco's Department of the Environment to make solar panels more affordable for business owners. Businesses have three options for acquiring solar panels through the program: Purchasing, leasing, and securing a loan. A federal grant covering 30% of installation costs is also on offer.Solar@Work hopes to sign on at least 20 building owners in the San Francisco area by the end of the year, which could translate to as much as 2 megawatts of solar power.While the program is innovative in simplifying solar for commercial buildings, it is not the first to harness group buying power for solar. 1Bog has a similar model for home-based solar installations, and SolarMosaic provides a crowdfunding platform for bringing solar to community buildings such as schools and churches.

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