Financing Sustainable Energy Financing Sustainable Energy

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Framework for Sustainable EnergyFinancing District• Levy of Special Taxes on parcels annexed toSpecial Tax DistrictUse of special tax– Payment of principal and interest on bonds– Replenish debt service reserve funds– Payment of costs for administration by City– Costs of collecting and administering i i Tax
Program DesignProperty owner contracts directly with solarinstallerProgram Requirements– California Solar Initiative Rebaterequirement– Compliance with CityResidential/Commercial EnergyConservation Ordinance (RECO/CECO)– Financing provided followingdocumentation of completed installation
Page 1 and 2: Financing Sustainable EnergyCity of
Page 3 and 4: City Plans and Policies• General
Page 5 and 6: Berkeley Solar
Page 7 and 8: Berkeley FIRST Program(Financing In
Page 9: Framework for Sustainable EnergyFin
Page 13 and 14: Pilot Program Status• 2008 Initia
Page 15 and 16: Lessons Learned• Participant Comm
Page 17 and 18: Berkeley FIRST Summary of Closing a
Page 19: Berkeley FIRST Program(Financing In

Financing Sustainable Energy Financing Sustainable Energy

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