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The Solar Groupon

The city of San Francisco in the United States is taking a unique approach to the problem of expensive solar power systems. City officials have introduced a new program called “Solar@Work” to help small and medium-sized businesses in the area afford solar power.

Big businesses are usually able to pay for massive solar power systems, and individual home owners can buy small panels to install on their houses. But for mid-sized companies, or even small companies, those options just don’t work. The idea behind Solar@Work is to allow those businesses to team up and purchase (and install) solar power systems at a discounted rate. So the more companies that decide to go in on the deal, the lower the price!

One city official called it the “Groupon” for solar power – after the very popular group coupon system that’s become a huge hit across the world. By the end of the year, Solar@Work is hoping to have installed solar power systems on about 20 buildings during the test phase of the project. If it goes well, the concept could be expanded across California, the U.S. and the world.

Is this the way to reduce the cost of solar energy for everyone in the future? Let us know what you think!

Date

July 19, 2011

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