WGL Holdings Inc. has signed an agreement to provide project capital to EchoFirst Inc. through its wholly owned subsidiary, WGSW Inc., for the financing and nationwide deployment of up to $50 million of its solar energy systems that combine solar electric and solar water heating on new and existing homes.
Fremont, Calif.-based EchoFirst Inc. offers an integrated solar energy system that combines solar electricity with solar water heating.
‘We are pleased to launch the newest Echo solar system and the nation's first combined solar electric and solar thermal lease for the residential market,’ explains Terry McCallister, chairman and CEO of WGL Holdings Inc. ‘This unique lease structure allows homeowners to save more on their utility bills with no required up-front costs.’
