Today’s Solutions: March 28, 2024

Last week Google announced another large—$300 million to be exact—investment in SolarCity. Now Google also wants to pay for you to switch to solar. The first step is for you to own a house. Then you contact SolarCity and they work out a custom solar arrangement for your roof—Google pays for the install outright—then they analyze your electricity bill, making sure that your bill with solar panels is cheaper than your regular bill. So for example if your bill was $200 before, they drop the bill to $60 per month with $100 monthly solar panel rental fee. Google and SolarCity make their money back by selling the extra power generated back to the grid during peak hours. Quite an ingenious arrangement where the consumer saves money, Google makes money, all while keeping more greenhouse emissions from being released into the atmosphere.

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