LIVE Magazine #241 August 19 thru September 2, 2016

“Why Buy Now?”
Installing Solar in 2016 Instead of 2017 Will Save You Money
SCE is Changing Net Metering in 2017 and That Will Cost You Money
Since the full 30% Federal Tax Credit is extended through 2019,
there’s no hurry to install solar right? Nope. Unfortunately, waiting
could cost you plenty. Along with the savings you would miss from
continuing to pay SCE’s high rates, SCE is also getting ready to
change their net metering program, which will happen in 2017 as soon
as they hit their “cap”, when a set percentage of energy generated by
solar is reached. That will trigger what’s being called NEM 2.0. Right
now, when you produce excess energy that your home doesn’t use
right away, it gets “registered” and sent to the grid for “storage” in the
form of credits. Then when you need energy, like at night when your
solar isn’t producing, this energy is pulled back off the grid and you
receive full value for it. In other words, no money changes hands and
you are credited at the full retail value.
Once NEM 2.0 begins at some point in early 2017, not only will SCE
switch new solar customers to mandatory Time-of-Use (TOU) billing,
which means electricity will be its most expensive until 8pm at
night, they will no longer credit you full value for the extra energy you
produce and push onto the grid for later use. Although it won’t be a
dramatic decrease, it will mean lost savings over the life of your solar
system.
Streetbar
set to Celebrate it’s
25th Anniversary
Streetbar opened in 1991, StreetBar will celebrate it’s 25th anniversary
from August 22nd through August 27th with top shelf drink specials, prize
give-aways and entertainment. On Thursday, August 25th, the valley’s
favorite country singing star Brian Scott will perform with our own Mona
Caywood as his special guest.
As the longest operating bar serving the Coachella Valley LGBT community,
StreetBar was the first Gay business on Arenas Road and is highly regarded
for it’s ongoing support of many local non-profit organizations such as The
LGBT Center, Palm Springs Animal Shelter, Cinema Diverse, Greater Palm
Spring Pride and the Palm Springs Gay Rodeo Association, among others.
Streetbar is located at 224 E. Arenas Rd in the heart of Palm Springs
California.
Dick Haskamp Owner Streetbar psstreetbar.com
Those who install a solar system in 2016 will be “grandfathered” in for
20 years and receive the most favorable net metering agreement.
And as you know, there are more ways than ever to incorporate solar
into your home. You can choose to purchase a system outright, take
out a loan or second mortgage to finance it, use a PACE financing
program such as HERO that allows you to pay through your property
taxes and not affect your credit rating, or lease with free installation
and no money down. With leasing, the 30% tax credit is taken by the
company that provides you the lease, but it is reflected in lower payments
for you. And when you work with an award-winning local company
like Renova Solar, who install SunPower panels, from a 30 yearold
American company with more than 200 solar patents, you know
that you are getting the best in desert design and the most advanced,
efficient panels available.
It won’t cost you anything to explore solar with a Renova consultant,
but it might cost you a lot if you wait.
www.themonroepalmsprings.com
1900 N Palm Canyon Drive Palm Springs, CA 92262 760.322.3757
August is Young Professionals Network Month of Giving
Charity Bowling Event to benefit the Boys & Girls Club of Cathedral City
Young Professionals Network (YPN) of The Palm Springs Regional Association of
REALTORS® (PSRAR) will hold an event on Tuesday, August 23 rd from 6:00 pm
to 9:00 pm at The Palm Springs Lanes Bowling Alley. Attendees are encouraged
to donate school supplies.
The Boys and Girls Club of Cathedral City, one of three independent
organizations in the Coachella Valley, will be the benefactors of the evening’s
fundraising efforts. All chapters fall under the umbrella of the National
organization and are responsible for funding their own. The Club’s mission is
to inspire and enable all young people, especially those from disadvantaged
circumstances, to realize their full potential as productive, responsible and
caring citizens.
This is the second year of participation for the local network in conjunction
with the California Association of REALTORS® YPN Month of Giving. YPN helps
young real estate professionals excel in their careers by giving them the tools
and encouragement to become involved in the four core area of REALTOR®
Associations, real estate industry, peers and community. “The Palm Springs
Regional Association of REALTORS® is pleased once again to help the Boys
& Girls Club of Cathedral City. We expect a very successful event”, said
2016 PSRAR President Jim Webb.
The Palm Springs Regional Association of REALTORS® is a 501
(c)(6) non-profit organization providing service to over 1,100
real estate professionals and business affiliates in our desert
communities. PSRAR provides resources to educate, improve and
provide our members with the latest tools and technologies to
best serve buyers and sellers.