CleanTechnica is the #1 cleantech-focused
website
 in the world.


Solar Energy 1462086624_13954c50fe

Published on April 17th, 2009 | by Ariel Schwartz

19

San Diego's Revolutionary Solar Plan

Share on Google+Share on RedditShare on StumbleUponTweet about this on TwitterShare on LinkedInShare on FacebookPin on PinterestDigg thisShare on TumblrBuffer this pageEmail this to someone

April 17th, 2009 by
 
Do you live in San Diego, CA and want to buy a solar panel system but just don’t have the cash? Congratulations, it’s your lucky day–or rather, it will be your lucky day beginning in July. That’s when a revolutionary program goes into effect that allows residents to pay for solar panels through property tax bills over a period of 20 years. San Diego’s privately financed loans will carry a fixed interest rate and can be transferred when a property is sold–so residents don’t have to worry about investing hard-earned cash in solar panels only to leave them behind in a move. City officials predict that a few hundred homeowners will sign up by Fall 2009, with thousands more following soon after.

“By offering these financing options, . . . (San Diego) is putting solar power in the same paradigm as your current utility bills, where you are basically paying a little bit each month,” said Monique Hanis, spokeswoman for the Solar Energy Industries Association. “This is a great recipe for opening the doors for way more installations.”

The program is made possible by California’s AB 811 law, which allows loan programs to pay back investments in renewable energy systems through property tax payments. Berkeley and Palm Desert already have programs that take advantage of the law, but San Diego’s will be the largest. My question: why isn’t *every* city in California taking advantage of this?

Group solar purchasing program 1 Block Off the Grid (1BOG) is currently running a campaign to lower the cost of residential solar energy in San Diego. 1BOG has also signed a $100 million deal with SunRun to provide solar financing.

Disclaimer: Both 1BOG and GO Media are owned by Virgance.

Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.

Print Friendly

Share on Google+Share on RedditShare on StumbleUponTweet about this on TwitterShare on LinkedInShare on FacebookPin on PinterestDigg thisShare on TumblrBuffer this pageEmail this to someone

Tags: , , , ,


About the Author

was formerly the editor of CleanTechnica and is a senior editor at Co.Exist. She has contributed to SF Weekly, Popular Science, Inhabitat, Greenbiz, NBC Bay Area, GOOD Magazine, and more. A graduate of Vassar College, she has previously worked in publishing, organic farming, documentary film, and newspaper journalism. Her interests include permaculture, hiking, skiing, music, relocalization, and cob (the building material). She currently resides in San Francisco, CA.



  • Pingback: Annapolis Energy Zone Program Makes Solar Installations Easy : CleanTechnica

  • Tom Poppitz

    Everyone: We need to push Governor Schwarzenegger to lobby the Federal government for insuring these municipal bonds! HOW CAN WE GET HIS ATTENTION???

    This would unleash huge amounts of capital for these bonds. Investors will knock down doors to buy federally-insured, environmentally-conscious, AAA-level bonds!!! This is what will allow every city in California (and others) to offer these programs.

  • Tom Poppitz

    Everyone: We need to push Governor Schwarzenegger to lobby the Federal government for insuring these municipal bonds! HOW CAN WE GET HIS ATTENTION???

    This would unleash huge amounts of capital for these bonds. Investors will knock down doors to buy federally-insured, environmentally-conscious, AAA-level bonds!!! This is what will allow every city in California (and others) to offer these programs.

  • Tom Poppitz

    Everyone: We need to push Governor Schwarzenegger to lobby the Federal government for insuring these municipal bonds! HOW CAN WE GET HIS ATTENTION???

    This would unleash huge amounts of capital for these bonds. Investors will knock down doors to buy federally-insured, environmentally-conscious, AAA-level bonds!!! This is what will allow every city in California (and others) to offer these programs.

  • http://www.realgoodssolar.com Leif

    As an employee of a solar company, we’re definitely happy to see more alternatives for customers out there. Up here in northern California it turns out that Sonoma County is well into running a similar program (http://www.sonomacountyenergy.org/). As of this posting we are still waiting on some city councils to approve it at their next meetings, but by early May all of them should be on board and the county can offer funds as a tax-assessed loan from the $100M initial pool to any Sonoma County property owners who want to save money with energy efficiency and solar improvements.

    With Sonoma and San Diego county setting the precedents for implementing AB 811 there seems a good chance for momentum to build throughout California’s counties and perhaps other states who pass similar measures.

  • http://www.realgoodssolar.com Leif

    As an employee of a solar company, we’re definitely happy to see more alternatives for customers out there. Up here in northern California it turns out that Sonoma County is well into running a similar program (http://www.sonomacountyenergy.org/). As of this posting we are still waiting on some city councils to approve it at their next meetings, but by early May all of them should be on board and the county can offer funds as a tax-assessed loan from the $100M initial pool to any Sonoma County property owners who want to save money with energy efficiency and solar improvements.

    With Sonoma and San Diego county setting the precedents for implementing AB 811 there seems a good chance for momentum to build throughout California’s counties and perhaps other states who pass similar measures.

  • Ravi Soparkar

    Great incentives by SD Govt. In fact all the countries must lead with this exapmple to promote reneawble energy sources. Ravi Soparkar, Pune, India

  • Ravi Soparkar

    Great incentives by SD Govt. In fact all the countries must lead with this exapmple to promote reneawble energy sources. Ravi Soparkar, Pune, India

  • Ravi Soparkar

    Great incentives by SD Govt. In fact all the countries must lead with this exapmple to promote reneawble energy sources. Ravi Soparkar, Pune, India

  • http://mywaterfuture.com Ryan Arroyo

    Cool! I live in San Diego, where do we sign up at?

  • http://mywaterfuture.com Ryan Arroyo

    Cool! I live in San Diego, where do we sign up at?

  • http://mywaterfuture.com Ryan Arroyo

    Cool! I live in San Diego, where do we sign up at?

  • http://www.buildbabybuild.com Eric

    Great news for SD residents! Glad to see programs active on the local level in addition to federal and state incentives.

    More on renewable energy incentives here:

    http://www.buildbabybuild.com/uncategorized/tap-into-energy-incentives

  • http://www.buildbabybuild.com Eric

    Great news for SD residents! Glad to see programs active on the local level in addition to federal and state incentives.

    More on renewable energy incentives here:

    http://www.buildbabybuild.com/uncategorized/tap-into-energy-incentives

  • http://recyclebills.squarespace.com/alternative-energy-leasing/post/701157 RecycleBill

    Aerial wrote: “My question: why isn’t *every* city in California taking advantage of this?”

    My question is: Why not, North Carolina Too?

  • http://recyclebills.squarespace.com/alternative-energy-leasing/post/701157 RecycleBill

    Aerial wrote: “My question: why isn’t *every* city in California taking advantage of this?”

    My question is: Why not, North Carolina Too?

  • http://recyclebills.squarespace.com/alternative-energy-leasing/post/701157 RecycleBill

    Aerial wrote: “My question: why isn’t *every* city in California taking advantage of this?”

    My question is: Why not, North Carolina Too?

  • Susan Kraemer

    Berkeley doesn’t “have” the program: they actually had the program for a total of 9 minutes. That’s how long it took to completely sell out. They only offered it to the first 40 homeowners to sign up.

    Let’s hope the next round is more generous and longer lasting.

  • Susan Kraemer

    Berkeley doesn’t “have” the program: they actually had the program for a total of 9 minutes. That’s how long it took to completely sell out. They only offered it to the first 40 homeowners to sign up.

    Let’s hope the next round is more generous and longer lasting.

Back to Top ↑