Posts Tagged ‘CaliforniaFIRST’
New Incentives for Property Owners via CaliforniaFIRST Program
Saturday, February 13th, 2010The high upfront cost of clean energy has stopped countless commercial and residential property owners from installing solar systems or undertaking major energy efficiency retrofits. To address this challenge, a growing list of California counties and cities are signing on to the CaliforniaFIRST program, and will begin offering local incentive programs in the summer of 2010.
The key component of CaliforniaFIRST is a new green financing program, called Property Assessed Clean Energy or PACE. By participating in a PACE program, property owners can make energy efficiency improvements and pay for them over long periods of time, while they simultaneously enjoy major energy bill savings.
The Bay Area is particularly active with CaliforniaFIRST programs under development by Belmont, Berkeley, Campbell, Colma, Daly City, Hillsborough, Los Gatos, Menlo Park, Millbrae, Monte Sereno, Redwood City, San Bruno, San Mateo, San Francisco and South San Francisco. Watch for announcements as additional California cities initiate their programs.
See the details on PACE for Property Owners.
