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

National Energy Board hears oral traditional evidence over Manitoba-Minnesota transmission line
WINNIPEG - Concerned Indigenous groups asked the National Energy Board this week to take into consideration existing and future impacts and treaty rights when considering whether to OK a new hydro transmission line between Manitoba and Minnesota.
Friday was the last day of the oral traditional evidence hearings in Winnipeg on Manitoba Hydro's Manitoba-Minnesota Transmission project.
The international project will connect Manitoba Hydro's Bipole III transmission line to Minnesota and increase the province's electricity export capacity to 3185 MW from 2300 MW.
#google#
During the hearings Indigenous groups brought forward concerns and evidence of environmental degradation and restricted access to traditional lands.
Ramona Neckoway, a…