Greentech Lead America: Green Grants has selected
First Associates Loan Servicing, a consumer loan and lease servicing firm, to
service its residential solar power lease portfolio. The program intends to
help Louisiana homeowners Louisiana homeowners achieve the maximum benefits
from state and federal tax credits to lower the costs of going green by 80
percent.
“Our goal is to be the consumer’s one-stop-shop
for energy efficiency and renewable energy by taking away the
headache and expense of implementing solar power systems for
Louisiana homeowners,” said Tom Neyhart, president of Green Grants.
Currently, Louisiana homeowners were required to bear the
upfront cost of solar projects and claim these credits at the end of the year
against any tax liability. Green Grants’ leasing
program covers the upfront cost and provides homeowners with the power
of solar. The program helps Louisiana homeowners reduce monthly energy bill by
up to $100.
“We’re in the business of helping people achieve
their solar power ambitions, and work towards a more economic and
environmentally-friendly future. We understand that the term ‘service’ means
something, and we’re excited to have been selected by Green Grants,”
said David Johnson, CEO of First Associates Loan Servicing.