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mPower Folson is launched: the program will offer residential and commercial PACE financing

The City of Folsom is going green on St. Patrick’s Day with the opening of mPOWER Folsom, a green energy financing program for property owners.  Through mPOWER Folsom, residential and non-residential property owners can finance energy and water efficiency upgrades on homes and businesses with no money down, and repay the cost over time on their property tax bill.

Examples of projects eligible for mPOWER Folsom financing include heating and air condition upgrades; high efficiency windows, doors and insulation, and cool roofs; as well as water conservation measures such as drip irrigation systems with smart controllers that don’t come on when it rains.  Installation of Solar PV can also be financed through the new program.  Funding is available for up to 100 percent of the project costs, with terms that are longer than traditional programs (up to 20 years for many improvements) and a low fixed interest rate.

Folsom residents can learn more about the program and find a schedule of informational seminars by calling (877) 396-7693 or visiting the City’s website,

City of Folsom officials worked with Placer County to bring the County’s highly successful mPOWER program to Folsom. Read more.