Recovery Through Retrofit Archives

Rooftop Solar = 4% of Sonoma County’s Power!

December 6, 200914 years ago susan 22 Comments

This is staggering. In just over six months; Sonoma County’s Energy Independence Program has received 375 applications for more than $17 million worth of solar loans. Since Sonoma County went live with its PACE model of solar funding in March; applications have been pouring in daily, and the county intends to make loans indefinitely by packaging them as bonds.

“There is no end in sight,” said Amy Bolten, a county spokeswoman. “We think our program is just getting going.” And this is in addition to the county’s already very high solar adoption:

New Cycle Capital, Draper Fisher Jurvetson Invest $12.2 Million in PACE Solar Renewable Funding

November 4, 200914 years ago susan 0 Comments

Renewable Funding’s PACE (Property Assessed Clean Energy) solar funding, begun by Cisco DeVries with Berkeley First was a breakthrough in making solar affordable. Now VC high-flyers Draper Fisher Jurvetson, New Cycle Capital, and RWE Ventures have just invested $12.2 million in a first round of financing to make this sober … [continued]

Joe Biden to Solar Power USA With P.A.C.E. ‘Recovery through Retrofit’ Berkeley First Municipal Financing

October 21, 200915 years ago susan 71 Comments

Vice President Joe Biden just revealed a plan to make Berkeley First available nationwide. Yesterday at his Middle Class Task Force meeting Biden proposed the way to make solar roofs easy for everyone to afford with virtually free solar panels. If you now pay your current electricity bill and own … [continued]