GE Money will finance solar projects

ROSEVILLE, Calif., Dec. 28 (UPI) — California-based Solar Power Inc. announced GE Money will provide solar financing services.

Yes! Solar Solutions stores, owned by Solar Power Inc., will be able to offer financing for their products and services from GE Money, a unit of General Electric Co., the Roseville, Calif., firm announced Wednesday.


Under the agreement, customers can get low-interest loans to finance solar-panel installations, which cost about $30,000 for an average four-person home, The Sacramento Bee reported.

Typically, about 40 percent of the cost can be covered by rebates and subsidies. The remaining $18,000 can now be financed, the paper said.

UPI