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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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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