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Region Five seeks opinions on solar lending

With funding support of the McKnight Foundation, Southwest Regional Development Commission and Region Five Development Commission are partnering with utility providers, contractors and homeowners to fully understand the opportunities and barriers around a potential residential solar energy lending program. PineandLakes.com Illustration

The Southwest Regional Development Commission and Region Five Development Commission along with Rural Minnesota Energy Board are interested in knowing local thoughts about a residential solar financing model.

Over the past decade, alternative energy products and services, including solar systems, have seen a significant increase in interest and as a result, the Regional Development Commission has received several inquiries for lending programs that bolster system deployment.

With funding support of the McKnight Foundation, the two RDCs are partnering with utility providers, contractors and homeowners to fully understand the opportunities and barriers around a potential residential solar energy lending program.

A survey is designed for residents of the region. All residents and homeowners are encouraged to fill out an online survey that will take approximately five to 10 minutes to complete at www.surveymonkey.com/r/SELPhomeownerfinal.

For more information about this project, contact Staci Headley, regional development planner, at sheadley@regionfive.org.

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