4 16-10 workforce summit california-first
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CaliforniaFIRST
Annie Henderson| April 16, 2010
CaliforniaFIRST: Pilot Partners
CaliforniaFIRST Pilot– Alameda– Fresno– Kern – Monterey– Sacramento– San Benito– San Diego
– San Luis Obispo– San Mateo– Santa Clara– Santa Cruz– Solano– Ventura– Yolo
CaliforniaFIRST in SD County
Unincorporated County
Carlsbad
Chula Vista
Coronado
Del Mar
Encinitas
Escondido
La Mesa
Lemon Grove
Oceanside
Poway
Santee
Solana Beach
* City of San Diego will have a stand-alone PACE program
CaliforniaFIRST: Overview
• Creates financing district
• Provides complete admin
• Provides upfront capital through bond sales
• Identifies work & chooses contractor
• Applies for financing
$$ Upfront
$$ Repaid on tax bill
City /County“opts-in”
• Repays financing on property tax bill
• Repayment obligation transfers with ownership
Key Benefits for Cities & Counties
Helps meetenergy andclimate goals
Promotes local jobs
Tax neutral andno exposure toGeneral Fund
124
jobs created with$10 millioninvestment
Potential Program Reach
Contractor Qualifications
Standard– Appropriate State license
– Participation in State rebate programs
– Agreement to Code of Ethics
– Compliance with CEC HERSII requirement (as available and applicable)
Under Development– Energy Efficiency certification requirement will be dependent on
State standards currently under development by HERCC, WHPP, Home Star, etc.
Integration of Programs
Main Points
Loading Order – 10% EE improvement required prior to financing for on-site
renewable generation (does not include SWH)
– Emerging EE rebate program may increase requirement to 20%
– Multiple pathways to meet loading order
Residential properties– Specific underwriting criteria
Commercial properties– Process under development
Financing available to RE and EE projects– Water efficiency to follow
Participation Pathways
BPI, HERSII,
Equivalent
Based on Rebate
Requirements
Property Qualification
CaliforniaFIRST.org
Annie Henderson| annie@renewfund.com | (510) 451-7911
www.CaliforniaFIRST.org
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