SolarCity crunches data for home efficiency loans
SolarCity has rapidly grown to be one of the largest solar installers. Now it's applying its financing model to energy efficiency.
The company today announced the availability of energy-efficiency loans that homeowners can use to finance home upgrades and defray upfront costs.
SolarCity's main business is solar, installing photovoltaic panels and offering homeowners leases under which they pay a monthly charge rather than actually purchase the panels. Two years ago, it bought privately held Building Solutions to expand into services and get access to that company's software.
SolarCity has started offering home efficiency assessments to its solar … Read more