Homeowners who choose to install Solar Panels get help from the City of San Francisco in new subsidy program that was proposed on Tuesday. Some experts say the effort is groundbreaking and, if implemented, could be the nation's biggest such program. The proposed subsidy would be $3,000 and $5,000 per residence and up to $10,000 for businesses. City officials are also proposing a low-interest financing program that would allow residents to incrementally pay back money borrowed for solar installations at below-market rates, possibly via charges on their property tax bills like near by City Berkeley, CA Solar imitative program.

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Posted by Brian LeBars on 01/06/2008 06:16 PM   Comments (4)   green, san francisco  
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4 Comments on San Francisco proposes subsidy program to encourage solar panel installation

JAN
06
2008
328,472 Points 2 Featured Posts Localism Sponsor Outside Blog
What a great idea, we need all the insentives and encouragement we can muster to increase the use of alternative energy
6:55pm • #1
328,472 Points 2 Featured Posts Localism Sponsor Outside Blog
What a great idea, we need all the insentives and encouragement we can muster to increase the use of alternative energy
6:56pm • #2
865,595 Points 18 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master
This is great!  We need to see more incentives.  I still have my condo in San Francisco -- I wonder if condo associations can take advantage of these incentives.  If you know, I would be interested.
7:11pm • #3
Brian, excellent post and great example of a program that hopefully will be an example for other cities across the nation.
8:36pm • #4


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Brian LeBars

Pleasanton, CA

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With over a decade of experience in Mortgage Finance, I have been a source for Realtors and home buyers alike. Technology has been a great tool to facilitate the process and provide current information for my clients. I designed Loan Squawk so Realtors and Home Buyers alike can have a trusted source of information regarding the Mortgage Industry as it happens. It is my goal to make the process an informative and pleasant one for you. Whether it be FHA, VA, Homepath, a conventional loan or any of the myriad of first time homebuyer products, I can assure you we will work together to meet your home ownership goals.


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