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THE GIANT GOOGLE WILL PROVIDE AROUND $75 MILLIONS TO BUILD 3,000 RESIDENTIAL SOLAR SOLAR ELECTRICITY PANEL SYSTEMS ACROSS THE COUNTRY. THE GIANT WILL OWN THE PANELS, AND GET PAID OVER TIME BY CUSTOMERS WHO PURCHASE THE ELECTRICITY THE PANELS PRODUCE. GOOGLE IS CREATING A FUND WITH CLEAN POWER FINANCE THAT LOCAL SOLAR INSTALLERS WILL BE ABLE TO TAP SO THEY CAN OFFER FINANCING PLANS TO BUYERS. HOMEOWNERS WILL BE ABLE TO INSTALL A $30,000 SOLAR ELECTRICITY SYSTEM FOR LITTLE OR NO MONEY UPFRONT. INSTEAD, CUSTOMER PAY A MONTHLY FEE THAT’S THE SAME OR LESS THAN WHAT THEY’D PAY A LOCAL UTILITY.

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