CaliforniaFIRST Launches Clean Energy Financing Program for Property Owners in Huntington Beach
Orange County’s Huntington Beach is the latest city to approve and adopt Renew Financial’s CaliforniaFIRST program, bringing cost-saving financial options to Huntington Beach property owners for environmentally friendly upgrades. The vote by the City Council took place on January 20, 2016 and offers residential and commercial property owners the chance to take advantage of important financing options for renewable energy and energy efficiency upgrades, as well as water efficiency measures, and electric vehicle (EV) charging infrastructure. PACE (Property Assessed Clean Energy) financing, which has been adopted by more than 200 cities and counties across the state, makes energy and water efficiency projects more accessible for California homeowners by providing project financing that is then paid back as a line item on their annual property tax bill. Now property owners throughout Orange County can immediately take advantage of it.
CaliforniaFIRST’s PACE financing program allows homeowners to choose a participating contractor in their area and install a variety of custom-tailored clean energy, water efficiency and EV charging projects.
“We are committed to providing California homeowners with a simple way to finance upgrades that improve properties while saving energy, water and money,” said Cisco DeVries, CEO of Renew Financial. “Homeowners in Orange County now have an important choice when it comes to lowering their bills and reducing their energy and water usage. By selecting PACE, they are joining over 80% of their fellow Californians in the effort to reduce greenhouse gas emissions and save water at the same time. We are thrilled to expand into Huntington Beach and provide the entire region with options to save money and improve the value of their homes.”