The use of solar energy is growing in low and middle income communities. Creative financing has a lot to deal with causing — and extending — this trend. In low income communities, solar is given an extra push because it creates local jobs.
GreenBiz cites research from Kevala Analytics on the broadening of solar. The firm found that last year just 6 percent of solar installations were in neighborhoods with median incomes of more than $100,000. The largest segment – 65 percent – was deployed in areas with median incomes of $70,000 or less. The story says that the change is being encouraged by regulators:
