Buy-down for Municipal Utilities [RE-wrenches]

Don Loweburg, Offline i2p at aol.com
Mon Aug 26 17:16:35 PDT 2002


In a message dated 08/26/2002 1:04:39 PM Pacific Daylight Time, 
michael.welch at homepower.com writes:


> There seems to be some misinformation regarding Buy down program and 
> Publicly Owned Utilities (LADWP, SMUD Pasadena, Redding, Etc).
> 
> Last year AB29X provided a one time funding allotment of $8 million for 
> systems less than 10kW.  As of 8/26/02 there is ~$7.5 remaining. 
> 
> The same rules for the Buydown apply, with the addition requirement of a 
> letter from the utility stating that the project will not receive any 
> funding from the municipal utility.
> 

My guess is that the program is undersubscribed since many munis have their 
own more attractive programs.

Suggestion,  Move the $ over to the IOU program that is getting a bit thin.

Don Loweburg

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