Methods for financing renewable energy systems
US7904382B2 · kind B2 · utility
10Cited by
5References
14Claims
0Family size
Assignee
Inventor
Key dates
| Filing date | Mar 11, 2008 |
| Grant date | Mar 8, 2011 |
| Priority date | — |
| Expiry date | Mar 25, 2028 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY04S50/10
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A business method for financing renewable energy systems includes offering a home loan to a homeowner in which the interest payable by the homeowner are tax deductable. A lease is also offered to the homeowner for the installation and use of a renewable energy system. A deposit of cash proceeds from the home loan is put into a trust held by an escrow agent for the single purpose of paying lease payments for the lease as each payment becomes due. Such that the proceeds from the home loan are effectively used to defease the debt represented by the lease.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.