2/3/15—A bill aimed at making it easier for homeowners to install solar panels is making its way through the Georgia House. It would allow third parties, including utilities like Georgia Power, to provide financing for solar installation.
Georgia Power as a direct lender is a new concept, but one that bill supporters say will benefit consumers.
Georgia is one of the fastest growing solar markets in the country. Most of the growth, however, is from building large solar farms and other utility-scale projects.
“If you look at how Georgia is doing, we’re way behind in the small business and residential area,” said the bill’s sponsor, Rep. Mike Dudgeon, R-Johns Creek. “What we believe is that this will start to open the market for companies to come in who finance which means the $15,000, $20,000 $25,000 upfront cost goes away.”