Solar Loan Program Proposed

Published by dave | Filed under Solar News

Solar supporters,

Thank you again for your tireless advocacy to advance our local solar rebate program into implementation. I’m very pleased to report that the solar rebate program is up and running through our SFPUC. Information on how to capture these rebates can be found on the PUC’s website:

Next, we are working closely with the City of Berkeley and Supervisor Gerardo Sandoval’s Office to implement a low-interest loan program for property owners to install solar. We believe that a local loan program coupled with a rebate program will advance our efforts to expand solar generation in the city. This low-interest loan program allows property owners to borrow funds for the cost of their solar installation through a low-interest rate secured by the City, and then pay this loan back over time through their property taxes.

The week of July 21, Supervisor Sandoval’s ordinance enabling this loan program will be heard at a Board of Supervisors committee. I am working with Supervisor Sandoval’s aide, Nick Kinsey, to ensure passage of this ordinance. I am giving Nick your contact information to update you on the advancement of this ordinance. We would ask solar supporters to indicate their support for the program and ordinance in the coming weeks.

Nick is copied on this email and I will ask him to provide a copy of the legislation and explanation of the approval process through a separate email.

If you have any questions in the meantime, or would like your email removed from this update list, please contact me.

Thank you very much,
Wade

Wade Crowfoot
Director of Climate Protection Initiatives
Office of Mayor Gavin Newsom