California

Incentives/Policies for Renewables & Efficiency

Western Riverside Council of Governments - Large Commercial PACE

Last DSIRE Review: 05/22/2012

Program Overview:

State:	California
Incentive Type:	PACE Financing
Eligible Efficiency Technologies:	Unspecified Technologies
Eligible Renewable/Other Technologies:	Photovoltaics, Fuel Cells using Renewable Fuels
Applicable Sectors:	Commercial
Terms:	Term length: up to 20 years for solar, 15 years for fuel cells, shorter term for energy efficiency
Web Site:	http://strucfinance.com/wrcog.html

Summary:

Structured Finance, on behalf of the Western Riverside Council of Governments (WRCOG), is providing Property Assessed Clean Energy (PACE) loans to eligible large commercial businesses in participating jurisdictions. PACE programs allow property owners to finance energy projects, and to repay the financing through special assessments on their property tax bill.

Solar installations of at least 125 kilowatts, fuel cells, and a variety of energy efficiency projects can be eligible for financing through this program. Facilities must be at least 50,000 square feet in size to be eligible. See web site above for more information.

Contact:

L. Jean Dunn Jr.
Structured Finance Associates
Phone: (760) 304-4371
E-Mail: jdunn@strucfinance.com

Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

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