The city and county of San Francisco have officially launchedGreenFinanceSF. According to Oakland, Calif.-based Renewable Funding,which will administer the program and provide capital to fund theprojects, this is the U.S.’ largest property-assessed clean energy(PACE) program.
San Francisco-based Stone & Youngberg andBackstrom McCarley Berry & Co. are serving as municipal bondunderwriters.
The program allows San Francisco private propertyowners to finance water conservation, energy efficiency and renewableenergy improvements through a voluntary property assessment. Eachassessment will be paid in full within 20 years. Individuals who ownproperty within San Francisco may apply to finance eligible projectsthrough the GreenFinanceSF Web site.
Maryland House, Senate Approve Solar Requirement
SolarBOS Introduces Contactor Combiner For Commercial PV Systems
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