Dive Summary:

• Affordable Solar has teamed up with Sunnova Energy Corp. to lease solar panels to residents in New Mexico.
• The business will compete directly with utility electricity by providing solar energy for less than the cost of monthly electricity bills.
• For example, Affordable Solar would lease a 4.5-kilowatt residential solar system, typical for a 3 bedroom home, that would cost $79 a month with no upfront cost. Without a lease, that same system would cost a resident $18,000. Currently, 75% of Americans have access to solar energy through a solar lease, the company reports.

From the article: 

“Now New Mexicans can lock in their cost of electricity, paying for tomorrow's electricity at yesterday's prices.”