Georgia’s solar power industry and electric utilities have reached agreement on legislation to allow outside financing of solar power systems for homes and small businesses.

Rep. Mike Dudgeon, R-Johns Creek, said he expects to introduce a bill by Wednesday afternoon reflecting the agreement hammered out in complex 10-month negotiations. The talks were triggered by an initial bill on the financing issue that didn’t survive last year’s legislative session.

Dudgeon on Tuesday told a subcommittee of the House Energy, Utilities and Communications Committee that people who want to place a solar unit in a home or small business now have to pay $20,000 to $25,000 in upfront costs because third-party financing is not allowed in Georgia. 

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