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Solar energy financing proposal clears NM House

Residential and commercial property owners will have a new option for financing solar power systems under a proposal approved by the New Mexico House

Solar energy financing proposal clears NM House

Photo taken by Jeremy Levine

Under the bill, a homeowner or commercial property owner could use a special property tax assessment to repay a private loan for making a solar energy improvement, such as installing a photovoltaic system that generates electricity or a solar thermal system for heating water.

Read more at: http://www.forbes.com/feeds/ap/2009/03/06/ap6135962.html