Sungevity Eschews Solar Lease as Loans Become More Common
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Sungevity Inc., a closely held U.S. developer of rooftop power systems, expects consumers to shift away from the leasing model that’s made homes the fastest-growing solar market.
Chief Executive Officer Andrew Birch said the company won’t offer leases in Vermont and New Mexico, its two newest markets. The Oakland, California-based company now operates in 11 states and the District of Columbia, according to a statement today.