Palm Desert Pays People to Use Solar Power
Cities across the nation are debating about ways to encourage residents and businesses to switch over to renewable energy resources like solar power. The cities that are struggling to come up with a good plan might want to look to Palm Desert for a solution. Through California Assembly Bill 811 (AB811) this area is offering property owners the chance to install money-saving solar power devices at almost no initial cost using low-interest, long-term loans. The program launched one year ago and has been successful in funding solar energy for both residences and businesses. Find more info on solar panels.
There are a few features built into the Palm Desert plan that make it a viable plan for other cities to consider. The main feature is that the loan that is made for the purpose of installing the solar power is attached to the property rather than to the property owner. Find more info on solar panels 2.
This definitely encourages people to go ahead and take advantage of the opportunity to add solar panels to their homes or businesses. Many people might hesitate to make such an investment if they knew that they would have to keep re-paying the loan .
After all, the loan is a long-term loan and a lot of people don't plan on living in the same place forever. They may not want to invest in adding solar power to a place that they aren't going to stay in for as long as the loan lasts. Since the loan is attached to the property.