ST. PAUL, Minn. (AP) — Minnesota’s community solar garden initiative continues to be the largest in the country even after dodging relentless utility opposition, a crippling pandemic and market forces that could have slowed growth…
The value of solar has one other advantage. Developers can sell residential subscriptions with less reliance on customers’ credit scores, said David Amster-Olszewski, founder and CEO of the Colorado-based community solar developer SunShare. “It makes it easier to explain to financiers that you’re financing not on the customers’ credit but on the strength of the value of solar and the program’s strength, which we found to be helpful,” he said.
SunShare has been able to waive credit score checks and offer community solar to a wider range of customers. “That’s been really beneficial,” Amster-Olszewski said.