Creative financing helps schools go solar, reduce utility costs

10/20/2011 | T.H.E. Journal

More school districts are taking advantage of creative financing options to fund the installation of photovoltaic solar panels, which turn sunlight into electricity and reduce utility costs -- the second-largest expense for many schools. Financial incentives for using renewable energy are available in 30 states, with "power purchase agreements" that have third-party partners funding the upfront costs of installations being the most popular among schools.

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