Anybody heard about this too-good-to-be-true solar company?
OK, I’m probably the last kid on the block to notice this, but …
This company, Citizenrē, says it will put a solar voltaic system on your house for no upfront cost. All you have to do is pay for the electricity produced by the system, and the company pledges that the cost for that electricity will never exceed what you pay your utility — in fact, it says it will lock in the price of the solar electricity for 25 years. It will maintain all the equipment, free of cost.
So, um … what’s the catch?
Update [2007-3-12 11:2:22 by David Roberts]: Jeffrey Wolfe argues persuasively that Citizenrē is making claims and promises it can’t possibly uphold. It’s to early to definitively call this a scam (or a bust), but color me highly, highly skeptical.