Need a new roof? Solar power's included

OneRoof Solar is offering a new twist on the solar lease: when you replace your roof, you can get integrated solar panels with no incremental cost.

The company today announced it raised a $50 million series A round led by the solar arm of Korean conglomerate Hanwha Group. The company also said it has secured the funding to finance solar installations at residential customers.

Solar leases, which are available in about 20 states now, have quickly become a popular way to have solar photovoltaic panels installed. Instead of purchasing the panels, homeowners pay a monthly fee and the solar installer or bank owns the panels. With the monthly fee and lower electricity bills from the solar panels' production, consumers pay a lower amount than they were paying before panels were installed.      Read More

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