City of San Francisco – Solar Energy Incentive Program
San Francisco City and county, through the San Francisco Public Utilities Commission, provide incentives to residents and businesses who install solar panel systems on their properties. Systems must be at least one kilowatt in capacity (the average home system is between four and six kilowatts), with no max size to participate in the program. Varying incentive levels are available for residential, commercial, low-income residential, non-profit, or multi-family residential owned and operated by a non-profit.
Program Overview:
State: California
Incentive Type: Local Rebate Program
Building Types: Commercial, Industrial, Residential, Nonprofit, Multi-Family Residential, Low-Income Residential
Amount: Residential: $2,000 – $2,750
Low-income Residential: $7,000 – 10,000
Multi-family residential owned by a non-profit: $3,500/kW
Commercial: $1,500 per kW
Non-residential buildings owned by a non-profit: $1,500/kW
Max Incentive: Multi-family residential owned by a non-profit: $60,000
Commercial: $10,000
Non-residential buildings owned by a non-profit: $120,000
Ownership of Renewable Energy Credits: City of San Francisco
Program Budget: $3 million for July 2011 – June 2012
Start Date: 12/11/2007
Web Site: http://sfwater.org/index.aspx?page=133
City of San Francisco – GreenFinanceSF
In 2010, the city of San Francisco began the country’s largest Property Assessed Clean Energy (PACE) financing program called GreenFinanceSF. The program is funded through a mix of bonds and funds granted to the city through the federal American Recovery and Reinvestment Act (ARRA), and is being managed by Renewable Funding. GreenFinanceSF allows homeowners and businesses to borrow money from the city, and pay back the loans through a special evaluation on their property tax bills. If the owners of the building changes, the repayments remain with the property and are transfered to the new owner.
Program Overview:
State: California
Incentive Type: PACE Financing
Eligible Products: Water Heaters, Furnaces , Boilers, Central Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows
Eligible Renewable Technologies: Solar Water Heat, Photovoltaics
Applicable Properties: Commercial, Residential
Terms: Minimum: $5,000
Residential Max: $50,000 maximum, or 10% of the assessed value of the property (whichever is lower)
Commercial Max: 10% of the assessed value of the property
Loans are paid back over a period of up to 20 years through property tax bills
Funding Source: Bonds, The American Recovery and Reinvestment Act of 2009 (ARRA)
Program Amount: $150 million