01-10-2009, 02:03 AM
Here is more information about San Diego's program:
<<San Diego Mayor Jerry Sanders will today roll out one of the most aggressive plans in the nation to help homeowners and small businesses buy solar power systems.
The program, authorized in July by a new state law, would allow residents to pay for solar panels through their property tax bills over 20 years. The privately financed loans would carry a fixed interest rate and could be transferred when a property is sold, eliminating a common fear that homeowners have about paying for a system they no longer own.
“I don't see any barriers. It's the perfect solution,” said Irene Stillings, executive director of the nonprofit California Center for Sustainable Energy in San Diego, which coordinates financial incentives for solar installations.
“What this does is give an immediate positive cash flow to the homeowners because they are going to be able to see these incredibly lower utility bills,” she said.
Generally, federal and state tax benefits for solar power will apply to properties enrolled in the city's financing program, Stillings said.>>
http://www.signonsandiego.com/news/metro...solar.html
<<San Diego Mayor Jerry Sanders will today roll out one of the most aggressive plans in the nation to help homeowners and small businesses buy solar power systems.
The program, authorized in July by a new state law, would allow residents to pay for solar panels through their property tax bills over 20 years. The privately financed loans would carry a fixed interest rate and could be transferred when a property is sold, eliminating a common fear that homeowners have about paying for a system they no longer own.
“I don't see any barriers. It's the perfect solution,” said Irene Stillings, executive director of the nonprofit California Center for Sustainable Energy in San Diego, which coordinates financial incentives for solar installations.
“What this does is give an immediate positive cash flow to the homeowners because they are going to be able to see these incredibly lower utility bills,” she said.
Generally, federal and state tax benefits for solar power will apply to properties enrolled in the city's financing program, Stillings said.>>
http://www.signonsandiego.com/news/metro...solar.html