2008-06-12
San Francisco Approves Nation's Largest Solar Incentive Program. By Chris Morrison, VentureBear.com, June 12, 2008. "The San Francisco board of supervisors has finally given the go-ahead to the city's contested solar rebate program, providing a big boost to area startups and paving the way for investment into solar power by consumers and businesses in the city. The plan, first conceived of last year, initially faltered when put to a board vote. It will now take its place as the nation's highest local solar subsidy, providing up to $6,000 to households and $10,000 to businesses. At a meeting today in City Hall, mayor Gavin Newsom said that he expects the city to become the U.S.' own 'Berlin of solar power' -- Germany's cloudy capital being the world leader in installed solar. There are currently 770 installations in San Francisco... The target is 10,000... While the 50 megawatts it anticipates being installed in the city over the next 10 years is a significant amount, it's a blip in the world market. However, Newsom said he expects other cities to follow suit if the program looks like it's working."

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