WESTPORT, Conn., July 15, 2013 /PRNewswire/ -- An energy company executive warns that a popular solar leasing program offered to Connecticut residents carries hidden risks for most homeowners. "I suspect people don't think they could be paying more for solar electricity in a few years than they are paying their local utility for conventional electricity," said Jeffrey Mayer, president and CEO of Soluxe Inc., a Westport-based company. Mayer pointed out that electricity prices from Connecticut's two major utilities, CL&P and UI, have dropped since 2008. "Yet in order for consumers who lease solar to save money these rates will have to start rising again at a fast clip."...
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