SunPower Corp. SPWR
today announced a new program with U.S. Bancorp USB to expand
financing options available to homeowners interested in high-efficiency
SunPower solar power systems, the most efficient solar technology available
today. Two to three thousand homes are expected to benefit from the new
program.
"U.S. Bank is pleased to help advance SunPower's efforts to make renewable
energy accessible to more American homeowners," said Darren Van't Hof,
director of renewable energy investments for U.S. Bancorp. "With residential
solar systems, more families can take control of their electricity bills and
deliver the environmental and health benefits of solar power to their
community."
The new program will provide financing for $100 million of residential
systems, expanding leasing options in nine states. Both SunPower and U.S.
Bancorp invested in the program, their first renewable energy partnership.
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