The City of Folsom's mPOWER financing program is committed to helping its customers save water and money during the drought. The processing fee is being waived for all applications received between May 1 and October 31, if $1,500 in water efficiency upgrades or more are included in the project. That's a $500 for residential projects or $1,300 for non-residential.
The types of water conservation measures that can be financed include low-flow toilets, high efficiency nozzles and faucets, drip irrigations systems, improved hot water delivery, and lawn replacement with artificial turf or pavers. Applications can also include improvements such as tankless water heaters and weather-based smart-controllers for irrigations systems.
mPOWER is a Property Assessed Clean Energy (PACE) program. It provides financing to residential and business property owners to make energy efficiency improvements, including solar and water conservation measures. PACE is unique in that the financing will be repaid by adding the annual installments to a property tax bill.
By far the most common mPOWER installations are solar power systems. mPOWER has provided financing for 655 solar systems on homes and businesses in Roseville, Folsom, Lincoln, Auburn, Rocklin, rural Placer County and the Tahoe area. In addition, multiple improvements can be financed on a single application. Many property owners install a new heating and air conditioning system together with higher insulation value windows and doors. Businesses have also taken advantage of the financing offered by mPOWER to install LED lighting, replace boilers and HVAC systems, and to install cool roofs.
Since August of 2014, mPOWER has provided over $27 million in financing to more than 800 property owners making it the most successful public energy efficiency and water conservation financing program in the Sacramento region. The mPOWER Program objectives are too create jobs, increase energy independence, promote water conservation and reduce greenhouse gas emissions. Officials estimate that mPOWER has created over 522 jobs.
mPOWER is currently available throughout Placer County and the City of Folsom and it is in the process of expanding to other municipalities throughout the region. Individuals, businesses and municipalities can contact mPOWER at mpowerplacer.org or by calling toll free 877-396-7693.
Contact
Christine Brainerd
Communications Manager
916-351-3360
cbrainerd@folsom.ca.us
