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12
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2011
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101811
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10/13/2011 3:23:31 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
10/18/2011
DESTRUCT DATE
15Y
DOCUMENT NO
12
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Alameda County (ABAG): $2,000 plus up to $300 toward assessment costs pending <br /> apprcval <br /> City of Pleasanton: $1,000 for projects $10,000 or more pending approval <br /> Federal tax credit: Up to 30% of installed cost ($500 cap) <br /> SOLAR ALLIANCE PROGRAM <br /> The Solar Alliance program features: <br /> • Free solar evaluation; streamlined permitting process (15 minutes) <br /> • Turnkey program, using local installers <br /> • Reputable vendor and reliable equipment <br /> • 25-year warranty <br /> • Panels are 50% more efficient than competitors <br /> • VIP customer status <br /> • Net metering potential <br /> REBATES <br /> SunPower: <br /> Residential $0.40/watt, up to $2,000 <br /> Res/early adopter $0.05/watt, up to $2,250 (valid thru 4/22/12) <br /> Commercial $0.20/watt, up to $10,000 <br /> CSI*: <br /> Residential $0.35/watt <br /> Commercial $0.35/watt <br /> City of Pleasanton: $1,000 for projects 2kW or more pending approval <br /> Federal tax credit: Up to 30% of installed cost (no cap) <br /> FINANCING <br /> • Solar loan: zero down, 5/10/15/20 year terms, low/fixed APR, no loan fees or <br /> prepayment penalties, up to $50k, based on FICO score, no home equity needed. <br /> • Home equity loan: zero down, tax deductible interest, fixed rates for 25 years. <br /> • Solar lease: zero down, 20-year term, buyout options at years 6 and 20, FICO scores <br /> as low as 700. Rebates also apply to lease program. <br /> 730 5.24% 6.49% 7.24% 7.99% <br /> 700-729 6.74% 7.99% 8.74% 9.49% <br /> 670-699 8.24% 9.49% 10.24% 10.99% <br /> Min-Max $5K- $50K $15K- $50K $15K- $50K $15K- $50K <br /> *CSI rebates are expected to decrease to $0.25/watt in November 2011, for both residential and commercial. <br />
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