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Elements of Solar System Financing
“Going green” has never been more popular, and financing the acquisition of renewable energy equipment has never been more affordable, both for commercial users and individual consumers. A wide variety of government and private programs are available, providing acquisition dollars as well as tax credits, deductions, and exclusions, and other incentives intended to stimulate clean energy development and adoption. In “A Solar Grand Plan” in its January 2008 issue, Scientific American magazine contended that “a massive switch to solar power” is the logical answer to reducing our dependence on fossil fuels and eliminating the resulting emissions. While there are programs and incentives aimed at a number of clean or renewable energy options, this article focuses on solar systems, which may be either photovoltaic energy systems involving arrays of cells that convert sunlight directly into electricity, or solar thermal energy systems that convert sunlight into heat for swimming pools, water, or other uses.
Consumers of energy, whether commercial or residential, are motivated to install solar systems to reduce their cost of electricity and make long-term utility expenses more predictable. In a lease of a solar system, typically the lease payment plus the new cost of electricity is less than the old bill for electricity alone. Lessors who offer solar systems for lease can take advantage of a variety of tax credits, grant payments, renewable energy credits, and rebates. Many companies engaged in the manufacture or installation of solar systems are now also actively offering lease financing, such as the SolarLease' marketed by one such provider.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.