Los Angeles County recently launched an innovative home energy efficiency financing program to help you cover the upfront costs of home energy improvements, including solar panel installation. Your eligibility for these county loans does not depend on your credit rating and you’ll have up to 20 years to pay them off as a line item on your property tax bill. The loan obligation stays with the house, and not with you, if you decide to sell your home before you’ve paid off the loan.
The Los Angeles County Energy Program (LACEP) promotes energy efficiency in existing homes, reduces greenhouse gas emissions and puts construction professionals back to work. Homeowners can start applying for county financing by summer’s end. Watch for details!
With PWP’s $2.40/watt solar rebates, aggressive federal tax credits, and now this new financing option, the power of the sun is within reach for more Pasadena homeowners than ever before. Learn more at www.cityofpasadena.net/solar.
Article taken from Pasadena In Focus July-Aug 2010
Pasadena Skyline
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