Berkeley, California approves city-backed solar loans | Environment | guardian.co.uk - 0 views
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Energy Net on 20 Sep 08The California city of Berkeley has approved a new financing scheme for loans to homeowners who install rooftop solar panels, a landmark programme that could inspire other US cities to follow suit. The Berkeley scheme would finance city-backed solar loans through a small addition to the property taxes of each participating home, eliminating the need to find up-front cash to install panels that can cost the average American upwards of $30,000.