Elevating solar with property tax funds
Property tax funding: A host of new property tax-based lending programs are arising across the United States bringing a promising new financing mechanism which could be securitized to much of the PV market for both residential and commercial installations.
Commercial and residential solar PV growth in the United States has yet another market niche emerging, from property-tax assessed clean energy, or PACE programs financed through a myriad of sources. “From a historic total value of US$10 million worth of deals done up to the middle of last year, there have already been US$12 million …
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