Solar Santa Monica presents Solar by the Numbers

June 10, 2008
Contact:
Andrew Basmajian, Environmental Outreach Coordinator, Environmental Programs Divisions
Environmental & Public Works Management, 310.458.8916; andrew.basmajian@smgov.net

Solar by the Numbers: 2008 Financing Options for Home Solar Systems

Solar Santa Monica, Santa Monica’s program paving the way for solar technology, invites you to attend an informative panel discussion at the Main Library.   Due to increased interest in renewable energy in Santa Monica, and throughout California, new ways to finance the installation of solar electric and solar thermal systems are now available to the average homeowner - options that weren’t available even a year ago.

These financial products recognize the fact that instead of decreasing in value over time, solar systems generate power that becomes more valuable with each year that passes – and they have a 25-35 year life expectancy.  Because of this value proposition, systems are now available to consumers with very little money down and low monthly payments – or none at all.

The speakers at our June 16 panel will compare and contrast different forms of solar and energy efficient financing, and will introduce options likely to be new to nearly everyone. 

Who should attend?  Homeowners considering solar.  The financial community.  Solar manufacturers and installers.  Members of the press.  Real estate investors.

Event:  “Solar by the Numbers”

Date:  Monday, June 16, 2008 at 7 p.m.

Location:  Santa Monica Main Library, 601 Santa Monica Blvd., Santa Monica, CA 90401 -- Multi-Purpose Room (2^nd floor)

Cost:  FREE…but seating is limited.  Please call to reserve your place: (310) 458-4992

Host:  Solar Santa Monica, of Santa Monica’s Office of Energy and Green Building Programs

Guest financial experts: 

Gary Groff, Vice President, New Resource Bank

Headquartered in San Francisco, New Resource Bank was founded in 2006 as a community bank prepared to help finance green businesses and sustainable resources.  New Resource Bank became one of Solar Santa Monica’s financial partners in 2007.

Nat Kreamer, President, Sun Run

Founder Nat Kreamer decided to start Sun Run while serving with the U.S. Special Forces in Afghanistan because he wanted to live in a cleaner, safer nation.  SunRun’s approach – solar as a service – provides homeowners low-cost, hassle-free solar electricity through a guaranteed power purchase agreement (PPA) that includes free maintenance, monitoring, and repairs.

Maurice “Mo” Rousso, Chief Executive Officer, Helio Micro Utility, Inc.

Helio mU offers renewable energy financial products engineered for a wide range of solar system solutions to meet the growing demands of the solar energy market. Through the Helio Green Energy Plan™, homeowners can purchase “green, environmentally friendly” energy at a lower cost than “brown” energy.  They also have additional options to acquire the system at below market rates in the future. 

Please call the Solar Santa Monica office to reserve your place:  (310) 458-4992.

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This page was last updated on 06/10/08.