I think this is a great idea - I would love it if my utility company would do the same thing. Seems like a more affordable way for people to invest in cleaner energy. It would probably be hard for me to come up with $750 for this but it's something I could save for - the cost of buying, installing, and maintaining panels for my home would be completely out of reach at my current income level.
Anyway, I just heard about this and thought it was cool and wanted to pass it along in case anyone out there lives in the Berea area and hasn't heard about it.
Customers (and others) are invited to lease solar panels (no limit on number) for a one-time lease fee of $750 per panel. This one-time fee covers a 25-year period. In return, customers will receive credit every billing period for the electricity generated by their panels. In this way participating customers gain access to solar generation at an excellent price (about $3.15 per installed watt). The panels are owned and maintained by BMU and located on city property with excellent orientation to the sun and no shading.