Description
The JOBS Act may finally allow thousands of regular folks to make a modest return (5 to 10 percent) by investing in local renewable energy projects. The act allows for crowdfunding under the following circumstances:
- The project raises less than $1 million.
- The project owner discloses certain financial information, such as income tax returns, financial statements reviewed by an accountant, or fully audited financial statements.
SOURCE:
http://grist.org/climate-energy/crowdfunding-for-community-power/?utm_source=twitterfeed&utm_medium=twitter