Clean Energy - Today and Tomorrow
Yesterday, May 8th, Obama gave a speech in Mountain View, Ca. and reinforced his goals to make clean energy a bigger part of our future. The White House even has its own newly installed solar panel system on the roof! An example to the country that solar is the present as well as the future. Energy Department recently launched a $15 million-dollar program, “Solar Market Pathways”, to promote solar energy for commercial and government buildings. Read the Washington Post article, here.
Clean energy and solar expansion is growing, California has its own state incentive program to help make solar panels affordable to residents and business owners. PACE will soon be implemented across all counties to help homeowners. San Francisco and Sonoma counties currently have programs in place. ALLY is staying on top of new solar energy programs and rebates...contact us for more information.
PACE Financing: Residential Solar Energy for CA!
California is a major participant in the PACE program! Property Assessed Clean Energy (PACE) financing, an alternative to a loan and helps property owners manage the barrier of high up-front energy equipment and installation costs.
PACE financing ties the cost of home improvements to the property itself which has statistically shown to be a value-add when reselling your property. When a property owner participating in a PACE program sells the property, then the repayment obligation legally transfers with the property. The benefits of PACE financing include long-term, fixed-cost financing; loans tied to the tax capacity of the property rather than to the owner’s credit standing; a repayment obligation that legally transfers with the sale of the property; and potentially a deduction of the repayment obligation from federal taxable income, as part of the local property tax deduction. Read more here.
ALLY can help you get PACE for your solar energy system! Contact us today for info.
Electric Vehicle Rebates!
Are you looking to buy an Electric Vehicle? CA is offering a rebate! Check out the new program funded by the California Air Resources Board. It promotes the production and use of zero-emission vehicles, including electric, plug-in hybrid electric and fuel cell vehicles.
ALLY offers home EV charging station installations so give us a call! Combining solar panels and EV charging at your home can greatly decrease (even by 100%) your electricity bills!
Read more about the rebate offer here.