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Non-Tech : Alternative energy

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From: Doren	4/13/2010 6:57:46 PM
	2 Recommendations Read Replies (2) of 16955

We could learn from the Liberals in Berkeley too: 2 policies could change Hawaii's energy game starbulletin.com So what if we could eliminate that upfront cost (Solar) by putting the power of government bond financing to work? That's exactly what Berkeley and dozens of other cities have done. Called "property assessed clean energy," or PACE, the program essentially allows a homeowner to use bond money to pay for solar or energy efficiency investments. The bond is then repaid over time through an increase in the homeowner's property tax. The magic is that the homeowner's energy savings exceed the increase in property tax, decreasing the cost of living immediately. ------ We should get smarter.

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