Going Solar in OC
A new government sponsored financing program, Property Assessed Clean Energy (PACE) called HERO, was just launched to give local homeowners the opportunity to go solar for no money out of pocket and repay the investment through property taxes, and receive tax write-offs. Cities that have opted in to the program include Anaheim, Brea, Buena Park, Garden Grove, La Palma, Newport Beach, Placentia, Santa Ana, Tustin and Westminster. Benefits of the new government sponsored PACE financing program include: re-paid through property taxes; transferable assessment, stays with the property not the individual; tax savings/credits; no credit score requirements; no money down; and fixed…
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