Patent · US Active

Systems and methods for financing renewable energy systems

US8175964B2 · kind B2 · utility

6Cited by
26References
15Claims
0Family size

Assignee

Inventor

Key dates

Filing dateFeb 3, 2011
Grant dateMay 8, 2012
Priority date
Expiry dateFeb 3, 2031

Classification

  • Technology area (CPC Y)Emerging Cross-Sectional Technologies
  • CPC primaryY04S50/10
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method for financing renewable energy systems includes offering a home loan to a homeowner in which the interest payable by the homeowner are tax deductible. 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.