San Diego County Seeks Expanded Rooftop Solar

Solar rooftop

Solar rooftop

Efforts to expand use of rooftop solar panels in unincorporated San Diego County took another step forward Tuesday.

In an ongoing initiative to remove some of the cloud over financing for such systems, county supervisors ordered a report on options for expanding the pool of commercial and residential lending programs.

Supervisors Dianne Jacob and Dave Roberts are leading the effort to grow the county’s public-private solar financing, which has been stymied because of a Federal Housing Financing Agency ruling that effectively blocks homeowners from repaying solar loans through annual property tax bills.

Does solar add value to your home? Did you not get credit on your appraisal for your solar?  Contact the appraisers at www.scappraisals.com for your value and appraisal questions.

Supervisors said the county program — known as Property Assessed Clean Energy, or PACE — can’t get regulatory or legislative relief from the restriction.

The report is expected to examine adding a variety of financing alternatives but still limit the residential program to homes with no Federal Housing Administration loans and those with no outstanding loans whatsoever.

Read more at: http://www.utsandiego.com/news/2013/jun/19/tp-county-seeks-expanded-rooftop-solar/

Disclaimer: for information and entertainment purposes only

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