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Solar & crowdfunding are getting cozier every day

on March 10, 2014

Gigaom

Solar power in the U.S. had a kick-ass year last year, and crowdfunding had pretty much nothing to do with that. But increasingly startups and large companies alike are eyeing the potential of crowdfunding as a means to add fuel to the fire of the ongoing solar boom and give customers new financing options.

This week Oakland-based startup Solar Mosaic launched a new way to use its crowd-funding platform to fund home solar systems. The new option, called the “Mosaic Home Solar Loan,” takes its model of enabling its community of investors to fund solar panel systems on commercial and government buildings, and offers that option for solar panel systems on regular homes. It’s only available right now in California.

SolarCity

In the case of platforms like Solar Mosaic, investors can make back returns on their investment over time, from around five to nine percent for a nine to 10…

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