FACILITATING THE OWNERSHIP OF SOLAR-POWERED ELECTRICITY-GENERATING SYSTEMS
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United States of America Patent
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Issued Date -
Feb 13, 2014
app pub date -
Aug 5, 2013
filing date -
Nov 19, 2007
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
Methods of facilitating a party's purchase of an electricity-generating solar power system are disclosed. The methods may comprise entering into, by the lender, an agreement with the party whereby, in exchange for a payment amount paid by the lender to a seller of the solar power system, the lender owns and is to sell up to 100% of the electricity generated by the party's solar power system after installation for a contract time period defined by the agreement. The methods may also comprise paying, by the lender, the payment amount to the seller for the solar power system. The contract time period may extend, for example, until sales of the electricity by the lender after installation generate an aggregate payment amount that meets or exceeds a specified level. The contract time period or unit quantity might also be fixed. The lender may also receive environmental attributes from the party.
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