San Francisco will soon move forward with a creative financing program that would help homeowners install solar panels and make energy efficiency upgrades, after the San Francisco Board of Supervisors unanimously approved it Tuesday.
Dubbed GreenFinanceSF and generally known as Property Assessed Clean Energy, or PACE, the program will allow homeowners to borrow money for green energy upgrades and pay it back as a line item on their property tax bills. It faces one more vote at the board before going to the mayor for his signature. Read more.