That sounds like a great idea, but there will be some problems.
Let's take my place as an example. I have too much shade, so PV is not likely. That will be the same for many. BUT, let's ignore that and just look at the financial aspects.
I live alone, so not only do I use very little energy, I also control it. No bickering in order to get devices not in use turned off. I pay about 65 bucks a month for electricity. I use about 530 kWh per month. By contrast, I know someone in LA with a great job. He lives in a rancher that would be worth about $200,000 here. His electric bill last month was $580. Even worse, he has a solar array that probably lowered the bill by nearly 100 bucks. He used over 3,600 kWh last month. No kidding! He has a pool, a wife and four daughters.
To pay off an interest free $50,000 loan with a 65 dollar a month payment would take 64 years. A smaller system would result in an increase in the electric bill an the idea is for the citizen not to have an electric bill to pay.
PV systems are about 4 times more expensive than they need to be in order to be a big hit with consumers. (Small 'c').