The San Francisco Board of Supervisors has approved an ordinance establishing a Solar Energy Incentive Program designed to encourage the citywide addition of 35 MW of solar power in the next 10 years.
The Sacramento Business Journal reports the new program will allocate between $2 million to $5 million of San Francisco Public Utilities Commission funds per year for residents and builders to use for installing solar power systems on homes and commercial properties. The program will piggyback on federal and state solar incentives.
The program's incentive levels will range from $3,000 to $6,000 for residents and up to $10,000 for commercial solar installations. Higher funding levels will be rewarded to those who hire local companies to install their systems.
Under Board of Supervisors procedure, another vote to approve the program must be made on the second reading, which is scheduled for June 11. After that, the program will take effect.
SOURCE: Sacramento Business Journal