Good news – the California Public Utilities Commission (CPUC) finally released its Proposed Decision to implement Assembly Bill 693 creating the $1 billion Solar on Multifamily Affordable Homes (SOMAH) program for affordable rental properties located in investor-owned utility territories! As a reminder, the CPUC is in the process of establishing guidelines for the SOMAH program, which will provide up to $100 million in Read More
As we weigh the value proposition of installing solar PV’s in affordable multifamily rental properties, it is important for housing organizations to have some understanding about what the costs of solar PV are. This can be difficult because there has been very little transparency about the real costs of solar, especially for installations financed through third-party ownership structures, such as Read More
Looking back on 2015, several game changing events occurred or were put in play that will enhance solar access and improve the economics of solar investments for affordable housing organizations for years to come. To recap, a big highlight of 2015 was the enactment of the AB 693. AB 693 was introduced by Majority Caucus Leader Susan Eggman (Assembly District Read More