• Community Events
  • Home
  • Employment
  • Local
    • Central San Diego
    • North County
    • East County
    • South Bay
    • Northeastern
    • Riverside County
  • Entertainment
    • Music
    • Television
    • Art
    • Theater
    • Film
    • Events
    • Theme Parks
    • Podcast/Radio
    • Museums
    • Books
  • Business
  • National
  • Politics
  • Science & Technology
    • Computer
    • Science
    • Space
  • Sports
  • Environment
    • Clean Air
    • Climate change
    • Land
    • Ocean
    • Pollution
    • Recycling
  • Health
    • Health Business
    • Health Education
    • Medical
  • Lifestyle
    • Food
    • Lifestyle
    • Travel
    • Senior Life
    • Society

San Diego County News

Independent publication serving San Diego County

Board of Supervisors To Examine Solar Financing Options‏

February 26, 2013 By sdcnews

SAN DIEGO–The county Board of Supervisors on Tuesday launched an analysis that could lead to more rooftop solar and other small-scale alternative energy projects across the region.

At the urging of Supervisor Dave Roberts and Vice-Chairwoman Dianne Jacob, the board unanimously voted to initiate a detailed look at financing options for homeowners and businesses interested in installing energy-saving systems.

“An analysis will help us to help the consumer,” said Dave Roberts. “I want to jump-start a clean industry to create jobs, offer funding options from a choice of vendors and promote competition to bring down price.”

“We’re fortunate to live in one of the sunniest regions in the nation, but the tools needed to help pay for solar panels and related technology are out of reach for many property owners,” said Jacob. “We’re hoping the analysis will help us lift the financial cloud hanging over solar, particularly for homeowners.”

County staff was directed to evaluate and compare public-private financing initiatives known as PACE, or Property Assessed Clean Energy programs, which are more widely available in other parts of California.

PACE allows lending companies to provide loans to property owners interested in installing alternative energy projects. The money is repaid through property tax assessments.

San Diego County started a commercial PACE program last year, but has so far held off on a residential program because of limitations imposed by federal housing authorities. But at least two other counties, Riverside and Sonoma, are moving ahead with residential initiatives. Both have proved highly popular with consumers.

San Diego County officials will analyze those initiatives and others and report back to the supervisors within four months.

Several companies have expressed strong interest in offering market-rate loans to homeowners if the county decides to start a residential PACE program.

40

SHARES
Share on Facebook
Tweet
Follow us

Comments

comments

Filed Under: Central San Diego, Local Tagged With: Local


Support Independent Journalism



Trending

  • CAL FIRE hits peak staffing for wildfire this summer
  • Man arrested on suspicion of arson at the Buena Vista Lagoon
  • Poway fire contained at 25 acres
  • County health extends water contact closure to Imperial Beach shoreline
  • Feds seize more than half a million dollars worth of fentanyl

Advertisement

Good Sam Travel Assist

Advertisement

Start LLC today at incorporate.com

Education

UC San Diego Extended Studies identifies top 10 jobs post COVID-19 pandemic

San … [Read More...]

Environment

Oceanside enacts Level 2 Drought Reduction actions for residents and businesses

By … [Read More...]

Science & Technology

A quarter of the world’s internet users rely on infrastructure at high risk of attack

By … [Read More...]

Advertisement

Independence Day Savings! Save up to $25◊ off our Fees on Flights Use Coupon USA25.

Advertisement

Stacy Adams

Advertisement

Summer Membership offer

Advertisement

Naturepedic

Categories

  • About Us
  • Archive
  • Community Events
  • Contact Us
  • Employment
  • Private Policy
  • Terms of Service

Follow @SanCounty

Privacy Policy

Terms of service

Copyright © 2022 San Diego County News