berkeleyfirst financing initiative renewable and solar technology mimi frusha, renewable funding...

BerkeleyFIRSTFinancing Initiative Renewable and Solar Technology

Mimi Frusha, Renewable FundingOctober 10, 2008

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www.berkeleyfirst.renewfund.comPowered by Renewable Funding, LLC

Agenda

Pilot Program Process

Pilot Key Dates

Information & Eligibility

On-line Application & Payment Request

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Pilot Program Process

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Pilot Key Dates

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Information Needed

Valid Email Address

Name of Property Owner(s) and Address as Appears on Property Title

Name, Date and Initial Bid Amount from Qualified Solar Installer

Debit or Credit Card Information to submit reservation fee

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Eligibility

Property must be located in the City of Berkeley

Applicant to the FIRST Program must be an owner on the property title

All owners on the property title must agree to the terms of the program and sign the required FIRST documents

Before requesting funding, property owner must ensure that their property meets the City’s RECO/CECO

Property owners must participate in the California Solar Initiative Rebate program and use a qualified installer

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BerkeleyFIRST Home Page

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BerkeleyFIRST Application

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Property Qualification Screen

property owners listed on the application are the owners on the property title as shown in the County’s real property records

there are no notices of default (mortgage, property taxes, or any other type) within the past 3 years or since ownership

there are no tax liens as the result of a failure to pay taxes in excess of $500 within the past 3 years or since ownership

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Property Qualification (Cont.)

property owners are on current on all property taxes over the past two years or since ownership

there are no current mechanic or other involuntary liens in excess of $1000

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BerkeleyFIRST Check Status

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Required Documentation

an executed Unanimous Consent Approval, by which the property owner will annex the benefited property to the Special Tax District

an executed Verification of Information and agreement to program Terms & Disclosures

additional documents required by the City including: PGE Authorization to Release Information CSI Authorization to Release Information RECO/CECO Certification

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Required Documentation (Cont.)

signed final permit inspection from the City's Building Department

a final invoice from their solar installer

a copy of the California Solar Initiative Rebate Reservation Letter

REMINDER: All property owners must sign the documents provided by the City and FIRST Program administrator. The Unanimous Consent Approval must be notarized.

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Next Steps

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Ensure your customers are aware of the application timeline, key dates and program details (i.e.: RECO/CECO)

Make sure your customers have their initial bid

Encourage your customers to apply promptly as there 5 slots per a district, 40 total slots


BerkeleyFIRST Application Site

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www.berkeleyfirst.renewfund.com


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Questions

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financing.

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