Property Assessed Clean Energy (PACE) Launching in San Diego County Six Cities
SAN DIEGO, CA (Feb. 10, 2014) – Today, residents living in select cities across San Diego County are able to participate in a new government solar financing program, Property Assessed Clean Energy (PACE). This innovative program allows property owners to finance solar power systems through property taxes without spending any money out-of-pocket and without a credit score requirement.
The cities of Carlsbad, Oceanside, Vista, San Marcos, Solana Beach and Lemon Grove have opted in to offer homeowners Home Energy Renovation Opportunity (HERO) Financing through Renovate America, which launches today.
"Property Assessed Clean Energy is a game changer for San Diego property owners who have thought about going solar," said Daniel Sullivan president and founder of Sullivan Solar Power, "Residents who were not approved in the past for solar financing, may now be approved through HERO."
With HERO Financing, homeowners can go solar for no upfront payment and repay for their solar power system through property taxes and the interest is tax deductible. This allows homeowners to tie their solar investment to property taxes rather than taking a personal loan, and the investment stays with the property when a homeowner moves. Annual payments are often much lower than current electric bills, and the homeowner is able to secure a lower electricity rate for the lifetime of the system.
An informational HERO Financing seminar will be held on March 22, at the Oceanside Public Library from 11 a.m.- 12 p.m.
Sullivan Solar Power is a certified contractor of the San Diego government solar program. To see if you pre-qualify for HERO, and to learn how to apply for solar financing, call 1.800.SULLIVAN. They will provide a free estimate and in-depth evaluation to show you the great benefits of this new program.
"Sullivan Solar Power was a pioneer in helping us build the HERO Program into what it is today, said Ken Conway with Renovate America, " They continue to be one of our top registered contractors."
About Sullivan Solar Power
Sullivan Solar Power is a turnkey solar system provider that delivers solar electric projects from concept to completion with offices in the Orange County, Inland Empire and San Diego. The company has installed more than 18.5 million watts of solar power ranging from residential to large commercial and municipal systems. Sullivan Solar Power has a longstanding A-plus rating with the Better Business Bureau, with no complaints filed since its founding in 2004. The firm has been named one of the nation's fastest growing energy companies by Inc. Magazine and services clients throughout Southern California. Regardless of project size and scope, Sullivan is committed to delivering the best products provided by the most qualified professionals to every customer. Visit www.sullivansolarpower.com for more information.