Thursday, August 7, 2008

Loans for Renewable Energy to Make Fall Ballot

Boulder, Colorado has a renewable energy ballot initiative for voters this fall. Essentially they will vote on whether they will be able to take out loans (backed by $40 million in bonds) for energy efficient upgrades, to be paid back through a property lien over time. If they sell the house then the loan stays with the house. This is a great way to ease the upfront cost of a solar installation (for instance) on a typical home*. We'll see what Boulder voters do this fall.

*Remember, always get an energy audit first before you plunk down the coin to put PV or a solar thermal installation on your home.

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