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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.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
One Overlooked Element of Executive Safety: Data Privacy
Executives have access to some of the company's most sensitive information, and they're increasingly being targeted by hackers looking to steal company secrets or to perpetrate cybercrimes.