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24 additional CA jurisdictions launch residential HERO program

SAN FRANCISCOJuly 9, 2014 /PRNewswire/ — In an effort to combat the drought and help residents reduce energy use, 24 additional California communities launched the HERO program today: the cities of ArcadiaAtwaterBarstowBellflowerCosta MesaDelanoEl CajonEscondidoHuntington BeachLaguna HillsMammoth LakesMenlo ParkModestoMontereyOakdaleRidgecrestSan DiegoScotts ValleyTracy,Vacaville, and Waterford; and the counties of MercedMono, and San Diego. They join more than 150 other California jurisdictions that have an active HERO program or plan to launch HERO later this year.

The HERO program enables homeowners and commercial property owners to pay off energy- and water-efficiency improvements through their property tax bill. HERO is the top residential Property Assessed Clean Energy (PACE) financing program in California, with more than $250 million worth of projects funded. Since launching in December 2011, HERO has created 2,400 jobs in the construction sector around the state, and those numbers are expected to grow as the program expands. Read more.