Rent the sun's power

| February 25, 2009
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Have you ever thought about putting solar panels on your house? If the thought of spending thousands to install and maintain a system holds you back, you are not alone.

By the end of this year, a company called Citizenre plans to offer environment-conscious homeowners in the Triangle the opportunity to harness solar power without a huge front-end investment. The firm manufactures the equipment, installs and maintains it for each customer, charging monthly fees that are similar to their current electric bills.

Citizenre Raleigh representative Les Taylor says there has been a lot of interest locally.

There is no work involved for customers. The company sends employees out to examine and discuss a year's worth of electric bills to get a better idea of each customer's needs. Then, a system is designed specifically for each house. They install, maintain and automatically monitor the system. If something goes awry, they'll send a repair crew out for free.

Citizenre offers customers a flat monthly rate for the life of a 1-, 10- or 25-year contract. The calculator on the company's Web site tells me if I were to switch to solar, I would save a little more than $365 over five years—but in 25 years, I could save $12,682.Check it out at renu.citizenre.com.

Comments (4)

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After a lot of hard work and dedication by Citizenre senior staff, Citizenre closed on $20 million in financing (http://www.marketwire.com/press-release/Ci…). This will allow for the installation of 15 megawatts of solar PV over the next 18 months. Most of the 2009-2010 installations have been in California, and new markets will be opening. Personally, I would love NC to be one of them, however, I don't have any information about when that will be. However, homeowners can still reserve systems, and lock in their rate now, regardless of when installs will begin. Additionally, the plan has been simplified to be 10 years with no security deposit.

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Posted by ltaylor on 02/17/2011 at 12:42 PM

On Tuesday, March 24. Citizenr CEO David C. Gregg attended an executives-only session in Washington, DC, with the Obama Administrations Secretary of Energy Dr. Steven Chu. Citizenr was invited along with some of the most established names in the solar energy industry: FirstSolar, Suntech, BP Solar, and seven others. The meeting was called to advise the Secretary on ways to jumpstart the solar industrys contribution to economic recovery. Several policies were debated, including a national Renewable Electricity Standard (RES), a carbon cap and trade system, and the feed-in tariffs considered responsible for explosive renewables growth in Germany and Spain. Citizenre has a bold plan that is scalable and will have a major impact on how electricity will be produced, distributed and utilized across our country. It has taken longer than anticipated to secure our funding, but the imaginations of our investors and supporters have been stirred by the vision of our Secretary of Energy. There is absolutely no cost or risk to reserve a system at www.ecosunpower.com. When you reserve a system, rates are locked, no matter when the system is installed. Soon after funding is secured, the introductory rates will no longer be available. However, if you have the finances to install a system, dont wait. The sooner solar electric systems are being used, the better for our environment and energy independence.

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Posted by ltaylor on 04/01/2009 at 10:06 AM

I just learned about citizenre yesterday, and of course I was excited at first. After doing the proper research, I realized there is a lot of skepticism and red flags all over the place. After a day of research, I knew enough to not write an article praising a company like this unless I knew many many more details. This looks like an attempt to pump out a quick article for your editor. You didn't do your due diligence, and media coverage like this will end up screwing over the entire industry if citizenre ends up being a failure / fraud

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Posted by TM79 on 03/11/2009 at 12:15 PM

Kelly - I was very exicted when I read your blurb about Citizenre. It sounds like solar nirvana. But this article: http://www.renewableenergyworld.com/rea/news/article/2007/02/citizenre-a-house-of-cards-47419 from Feb 2007 was sceptical that they could fulfill their promises to start installations in Sept 2007. Now it is March 2009 and the Citizenre website has no solid indication that they have started building their manufacturing plant. You can bet Citizenre is NOT coming to the triangle by the end of 2009, like your article says. We're in the worst recession since the 1930s for goodness sake.

Please tell your readers not to wait for Citizenre. If they can afford a solar installation, do it now.

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Posted by DougM on 03/01/2009 at 7:44 PM
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