Those companies are not profitable on an absolute basis, though. The reason they have that business model is so that they can collect the renewable energy subsidies from the government rather than the homeowner. If the subsidies get cut, the business dissappears overnight.
Thanks Vince. I was hoping some interesting comments would come along like that. I hadn’t given that aspect of it thought. Good point.
What’s your take on the individual homeowner? Since they didn’t sign a payment schedule, what happens to them?
Do they get the system outright, or do they then have to start paying a lender?