Systems and methods for financing renewable energy systems
US8175964B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Feb 3, 2011 |
| Grant date | May 8, 2012 |
| Priority date | — |
| Expiry date | Feb 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.