The WasteWatcher: The Staff Blog of Citizens Against Government Waste

Renewables

The Moral Hazard of Subpriming Solar

In January 2016, Massachusetts Governor Charlie Baker announced the launch of the $30 million Mass Solar Loan Program (MSLP).  MSLP will provide residential solar customers income-based loan support and interest rate buy downs.  The program will also include a subprime loan loss reverse scheme to reduce the risk to lenders, opening the door for financial chaos to ensue.

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