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San Francisco PUC outlines green financing plan to attach loans to property taxes
Summary
PUC staff described a new green financing program to let property owners borrow for solar, energy and water-efficiency projects and repay through property taxes; staff said program design will aim to complement GoSolarSF and may be available to residents and businesses within 6–9 months.
San Francisco Public Utilities Commission staff presented a proposed green energy financing program July 28 that would allow property owners to finance solar, water-efficiency and energy-efficiency upgrades through loans attached to property tax bills. Laura Spangen, who led the presentation, said the program is modeled on earlier efforts in Berkeley and Sonoma but seeks to address challenges those cities…
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