This really looks as the best way to go solar in California, leasing solar panels with down payment and they will be installed for free. As many people can not afford to buy their own solar panels for home, so leasing solar panels seems to be the best solution. You don’t have to pay any money for purchasing solar panel or for installation. All you have to do is only pay its fee every month, its same like you get other things like motor vehicle on lease and then every month you pay certain amount for that.  In California, free solar panel leasing program is started. According to this program customers will only pay a monthly fee and get lower utility bills. Ownership of the photovoltaic panels will be retained by the SolarCity.

Generally if a person’s home power demand is 2.8 kilowatt, then he approximately will be having monthly electric bill around $150 but after installing solar panel it will cost $60 a month and $80 to $90 monthly lease payment to Solar City. So at end of month you probably can have $10 saving. Read the full story

Tesla Motors has revealed the prototype of its all electric, zero-emission sedan, the Model S. The vehicle can accelerate from 0 – 60 mile per hour in under 6 seconds. It can also reach the top speed of 130 miles per hour. It will feature 17 inch touch-screen 3G connectivity, enabling drivers to access Google Maps and other data. Accordingly to the company, the car’s electrical charge could also be monitored via an iPhone or a laptop.

“This is just the first of many mainstream cars we’re developing,” Elon Musk, CEO of Tesla, said in a statement. Musk was a co-founder of PayPal and founder of SpaceX.

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