A new bill being considered in the Colorado legislature would create "solar gardens." Solar gardens allow people to participate financially in owning part of a solar array even if they do not have a suitable site on their own property. My reading of the proposed legislation is that subscriptions in a solar garden would be financial securities, and fall under securities laws. That's probably a good thing. Solar for everyone Solar panels are elitist: They cost a lot of money, and only homeowners with good solar access can usefully install them. This means that renters and people who can't come …
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