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‘Property assessed’ financing for solar panels reveal serious consequences for Pinellas Realtors, lenders

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As solar energy expands as Florida’s next big growth industry, with it comes a host of unforeseen consequences. While promises of reduced energy costs for consumers and the lure of “no credit needed,” county-approved loans are indeed attractive, easy financing and lower energy costs could be masking other, potentially devastating, economic problems. A letter last year from the Pinellas Realtors Organization, standing for over 7,000 real estate professionals countywide, to County Commissioner Charlie Justice cautions against one such situation where…

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