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Articles tagged with: utility

Google Invests $280M On Solar Panels

Google has spent over $700 million so far this year on clean energy. The money will directly fun the installer, SolarCity to offer solar powered systems to homeowners for no down payment. In exchange, customers will have to pay a fixed price for the power produced by the panels.

Google will earn a return on investment by charging SolarCity interest to use its money, allowing Google to also take the benefits of federal and local renewable energy tax credits.