Archive for the ‘Solar Financing’ Category
Wednesday, April 21st, 2010
San Francisco has officially launched the GreenFinanceSF program which allows businesses and homeowners to finance solar thermal systems through a special assessment on their property tax. The $150 million loan program is the largest PACE (Property Assessed Clean Energy) program in the country and allows financing of solar and other energy efficiency projects with little upfront cost as the program is financed on the property tax over a number of years.
One of the requirements of the program is that buildings must have basic energy efficiency measures implemented before solar electricity projects (PV) can be funded. Solar water heating is considered one of these energy efficiency measures and can help a building reach the energy efficiency requirements needed to install PV solar for electricity.
SunWater Solar applauds the efforts of San Francisco in leading the country with its new PACE program.
Tags: California, Commercial, energy efficiency, Financing, GreenFinanceSF, PACE, Property Tax, PV, Renewable Funding, San Francisco, solar, solar hot water, Solar Thermal, Solar Water Heating, Tax District
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Tuesday, February 9th, 2010
The GreenFinanceSF program was signed into law yesterday by Mayor Gavin Newsom. The program, once known as SF2, is a PACE (Property Assessed Clean Energy) program that allows residential and commercial building owners to finance solar water heating systems through their property taxes. SunWater Solar applauds the city of San Francisco for taking a big step forward in helping people finance solar water heating systems.
Tags: Commercial, Financing, Gavin Newsom, Green Finance SF, GreenFinanceSF, PACE, Residential, San Francisco, solar, solar hot water, Solar Thermal, Solar Water Heating, Tax District
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Wednesday, December 16th, 2009
San Francisco is joining the list of municipalities offering a PACE (Property Assessed Clean Energy) financing program. The new initiative will be called San Francisco Sustainable Financing, or SF Squared (SF2) and will allow both residential and commercial building owners to finance solar water heating systems on their property taxes over a 20 year period. The financing program is expected to launch in early 2010.
SunWater Solar is pleased to see the SF2 program move forward. The financing package will help more business and home owners install solar water heating systems to reduce greenhouse gasses and cut down on energy bills.
Tags: California, Financing, PACE, Property Tax, Renewable Funding, San Francisco, San Francisco Sustainable Financing, SF2, solar, solar hot water, Solar Thermal, Solar Water Heating, Tax District
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Wednesday, December 16th, 2009
Oakland, CA is joining other municipalities to offer financing for solar water heating projects through property tax bills. This financing will be available for both commercial and residential installations and will allow property owners to pay for the solar water heating system over a 20 or 30 year period avoiding the upfront cost of the system installation.
Renewable Funding will be administering the program under the California First program which is one of many PACE (Property Assessed Clean Energy) funding programs the company is offering.
Tags: Berkeley FIRST, California, Financing, Oakland, PACE, Renewable Funding, solar hot water, Solar Water Heating, Tax District
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Thursday, November 12th, 2009
Renewable Funding has landed $12.2 Million in its first round of financing as it launches its PACE (Property Assessed Clean Energy) solar funding programs. Renewable Funding is a company that handles the administration and financing of the PACE programs that allow local municipalities to finance solar hot water systems through the property taxes of houses and businesses.
For more information on the program, see the blog entry on CleanTechnica.com. SunWater Solar is glad to see the PACE solar funding programs move forward as a way for homeowners and business owners to finance their solar hot water systems.
Tags: PACE, Property Tax, Renewable Funding, solar hot water
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Tuesday, November 3rd, 2009
Sonoma County’s Energy Independence Program is a new opportunity for property owners to finance energy efficiency, water efficiency and renewable energy improvements through a voluntary assessment. These assessments will be attached to the property, not the owner and will be paid back through the property tax system over time, making the program not only energy efficient but also affordable.
SunWater Solar is excited to see Sonoma County offering a way for businesses and homes to install solar hot water systems and have them paid off through the property taxes.
Sonoma County also has Solar Sonoma County which is a consortium of local governments, businesses and other local entities and individuals working collaboratively to identify and implement initiatives to promote, expand, and accelerate solar photovoltaic and solar thermal energy generation and energy efficiency throughout Sonoma County.
Tags: Berkeley FIRST, Financing, Property Tax, Solar Sonoma, Sonoma County, Tax District
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Tuesday, November 3rd, 2009
Vice President Joe Biden recently announced that the federal government will be creating a program called Recovery Through Retrofit that will assist local governments in setting up solar financing programs like the Berkeley First solar financing program.
Berkeley’s program eliminates the upfront cost of installing solar by setting up a tax district where the system is payed off over 20 years through the property taxes. San Francisco is also setting up such a program and it is slated to roll out in early 2010.
SunWater Solar is pleased to see cities across California and the U.S. move toward this financing structure as it will enable many more people to use the renewable energy of the sun to heat their water.
See more information on the Recovery Through Retrofit Program in an article from the San Francisco Chronicle.
Tags: Berkeley FIRST, Financing, Property Tax, solar, Tax District
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