Berkeley moves ahead with solar-financing program
BERKELEY, CALIFORNIA - The city of Berkeley has made a big step toward starting a pioneering program to provide city-backed loans to homeowners who install rooftop solar-electric systems.
The city council approved a new tax district that residents can join to finance solar energy systems through their property taxes.
Under the plan, the city will provide money for installation and material costs, which homeowners would pay back at a fixed rate over 20 years.
Residents would pay about $180 a month through their property tax bills for a typical $22,000 solar-electric system, but they should eventually recoup the money through lower electricity costs.
Next, Berkeley officials will select a lender to provide financing for the program. The city also plans to start holding workshops for interested homeowners.
Related News
Fire in manhole leaves thousands of Hydro-Québec customers without power
MONTREAL - Hydro-Québec says a power outage affecting Montreal is connected to an underground explosion and a fire in a manhole in Rosemont—La Petite–Patrie.
The fire started in underground pipes belonging to Hydro-Québec on Bélanger Street between Boyer and Saint-André streets, according to Montreal firefighters, who arrived on the scene at 12:18 p.m.
The electricity had to be cut so that firefighters could get into the manhole where the equipment was located.
At the peak of the shutdown, nearly 41,000 customers were without power. As of 7:00 p.m., 10,981 clients still had no power.
Hydro-Québec spokesperson Louis-Olivier Batty said the utility is being strategic about how it restores power.
Because of the cold, it anticipates that…
