SolarCity and U.S. Bancorp announce $250M solar fund

Connecticut provider SolarCity and U.S. Bancorp have announced a renewable energy tax equity fund to finance up to $250 million in commercial and residential solar power projects.
The fund allows customers in SolarCity's 14 state service territory, including Connecticut, to pay less for solar electricity than they pay to their utility company. This is the sixth and largest fund created by the two companies since they partnered three years ago.