The majority of Google's investments have been in solar technology, large-scale wind farms, and power generation centers, but this latest investment in solar energy moves the company into the consumer
sector. It supports clean efforts that push for a more renewable form to help homeowners save money on utility costs, explains Rob Young. SolarCity's financing model lowers the up-front cost to
consumers. Rather than have to buy solar panels, consumers lease them and SolarCity guarantees the equipment, along with providing installation, maintenance, repairs, support, and specific power
output based on the consumer's region.
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