City of Berkeley Helps Finance Solar Power
Some solar industry professionals have stated that they are not sure if the Berkeley loan program is a good deal or not because its unclear if the property taxes will drop after the 20 years payback of the loan. One of the main advantages of solar power in California is that your property taxes don’t go up even though solar power adds significant value to your home or business. Even though the Berkeley program lets a property owner go solar without an upfront investment, I suppose it has its negatives. Although I really feel this program is worth it and more cities around the US should offer easy financing for property owners because the benefits are very appealing.