Community Micro-Financing for Solar Projects: Difference between revisions
(Created page with " =Description= John Robb: "Here's an idea for a very simple community financing system from a company called Mosaic. Currently, they make it easy for people to find, inves...") |
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'''= Mosaic connects investors to solar projects in need of financing.''' [https://joinmosaic.com/how-it-works] | |||
URL = https://joinmosaic.com/ | |||
Latest revision as of 11:01, 28 February 2013
= Mosaic connects investors to solar projects in need of financing. [1]
URL = https://joinmosaic.com/
Description
John Robb:
"Here's an idea for a very simple community financing system from a company called Mosaic.
Currently, they make it easy for people to find, invest, and earn interest on high quality solar projects.
The same mechanism could work as a way to finance solar in a community.
How? By using the system like this to connect local DIY solar installations with individuals that are looking for tangible investments in their communities -- everyone with a retirement account should be looking for this. Not only is the outlook for global markets terrible, the current returns are abysmally low.
This is a win-win.
The local investors get returns 4% (!) higher than they get from treasuries and they are actually investing in something tangible in their own back yard.
The people doing the installation get electricity at a low (much less than they are currently paying) fixed rate and eventual ownership of the system." (http://www.resilientcommunities.com)