Citizenre Introduces Home Solar PV Rental Program

Citizenre’s new REnU 25-year fixed rate residential solar electric system rental program allows homeowners in 40 states to choose green energy while eliminating the large upfront investment costs and premiums over power purchased from electric utilities.

Citizenre Corporation manufactures, pays for, installs, permits, owns, maintains, and operates the solar photovoltaic (PV) system installation. Homeowners are required to pay for the electricity generated from these panels, at a fixed rate that is at or below their current electricity price, for up to 25 years, while Citizenre handles the engineering, procurement and construction. Other REnU customer benefits include no upfront investment or waiting for rebates; performance-based contract means homeowners only pay for what is delivered and their total electricity cost should be less than or equal to their current electricity bill; homeowners “lock-in” their electricity rate for 25 year, while most electric utilities are increasing their rates 5% to 30+% every year. Citizenre is running an introductory promotion waiving the normal $500 security deposit requirement for customers who sign up for the service in December.

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