Orange County Solar Program Now Offers Solar Financing Through Property Taxes

The Orange County Solar Program, administered by Sullivan Solar Power announced that it is providing residents in select cities throughout Orange County the opportunity to finance solar through property taxes. In addition to the new finance option, Property Assessed Clean Energy (PACE), the Orange County Solar Program provides cash-back incentives that allow residents to receive up to $2,000 for going solar.

The local government sponsored PACE program, also known as HERO Financing is repaid annually through a tax assessment and the interest is tax deductible.  This allows homeowners to tie their solar investment to property taxes rather than taking a personal loan and the investment stays with the property when a homeowner moves. The cities of Anaheim, Brea, Buena Park, Garden Grove, La Palma, Newport Beach, Placentia, Santa Ana, Tustin, and Westminster have opted into the PACE program.  

“Property Assessed Clean Energy is a game changer for Orange County property owners who have thought about going solar,” said Daniel Sullivan president and founder of Sullivan Solar Power, “In addition to being able to finance solar through your property taxes, the Orange County Solar Program will pay you up to $2,000 when you sign up.”

The Orange County Solar Program launched January 2014 is available to all property owners in the county of Orange. The incentive program is modeled similarly to the former state rebate program where the early adopters receive the greatest incentives. The initiative is limited to 500 participants.

An informational seminar will be held on May 3rd at Bru Market and Grille from 11 a.m.- 12 p.m. This seminar will cover solar technology, rebates and incentives, PACE financing and the Orange County Solar Program.

For additional information on the Orange County Solar Program call 1-800-SULLIVAN or visit www.OCSolarProgram.com to RSVP.