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.
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Hydro One delivery rates go up
THUNDER BAY - Hydro One seasonal customers will face bigger increases in their bills than the utility's residential customers as a result of an Ontario Energy Board approval of a rate hike.
Hydro One received permission to increase its delivery charge, retroactive to last year.
It says it needs the money to maintain and upgrade its infrastructure, much of which was installed in the 1950s.
The utility is notifying customers that new statements reflect higher delivery rates which were not charged in 2018 and the first half of this year, due to delay in receiving the OEB's permission.
The amount that customers' bills will increase by depends…
