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| Lennar recognized for ground-breaking solar lease program Lennar Corp, one of the leading U.S. builders of quality homes, announced that the company is the first high-production homebuilder in the U.S. to successfully launch a solar lease program that virtually eliminates up-front costs and provides homeowners with below-market energy rates. In partnership with SunPower Corp, Lennar introduced the innovative leasing program last year with sales of energy-efficient Lennar homes in California. Under the program, called SunPower Access, Lennar homeowners lease a high-efficiency solar system that generates most of a home's electricity at a cost below current utility rates for the average homeowner. As utility rates increase, so will savings-providing homeowners a hedge against soaring energy costs. Lennar's solar-leasing program is supported by a wide range of government, business and environmental leaders, including California Governor Arnold Schwarzenegger. Gov. Schwarzenegger recently signed AB 510 into law to raise the cap on net metering in California, which allows home and business owners who install solar generators to be paid by their electric utility for the surplus power they produce. write your comments about the article :: © 2010 Construction News :: home page |