Berkeley Approves City-Backed Loans for Solar Panels

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Government - 2008

Berkeley Approves City-Backed Loans for Solar Panels

http://www.nytimes.com/2008/09/18/us/18solar.html?_r=2&ei=5070&adxnnl=1&...
Scanned by: obsolescence 3 months ago

In a move being watched by other cities around the country, the Council unanimously approved a program to give city-backed loans to property owners who install rooftop solar-power systems. The loans, which are likely to total up to $22,000 apiece, would be paid off over 20 years as part of the owners’ property-tax bills.