"Now Vermont has taken the concept a step farther, with a financing program for community solar projects that will buy down interest rates for residents who need to borrow in order to participate. The Vermont Community Solar Loan Program, administered by the Vermont Public Service Department’s Clean Energy Development Fund, will provide affordable financing to help low-income Vermonters buy an ownership interest in community solar projects with up to 500 kW capacity. The interest rate buy-down will be funded through support from the SunShot Initiative Rooftop Solar Challenge II, and the loans will be administered through the Vermont State Employees Credit Union. The program will offer unsecured or secured loans up to $40,000, with terms up to 15 years."
Read more at Clean Energy States Alliance: http://www.cesa.org/about-us/member-news/newsitem/vermont-introduces-community-solar-financing