Nation's Largest City-Sponsored Solar Financing Program Re-Launches in Arizona

MarketWatch

PHOENIX, May 15, 2012 /PRNewswire via COMTEX/ — The second phase of the nation’s largest city-sponsored residential solar financing program launched today thanks to the infusion of a $25 million commitment from National Bank of Arizona (NBA).

U.S. Energy Secretary Steven Chu and Phoenix Mayor Greg Stanton took part in an event to unveil the details of a program that will allow up to 1,000 Arizona homeowners access to affordable solar power. Secretary Chu formally recognized the program as an ideal national model of private solar funding that can be easily replicated in cities across America.