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n the United States, the Supplemental Nutrition Assistance Program, formerly known as the Food Stamp Program, is a federal program that provides food-purchasing assistance for low- and no-income people.
  • January 22, 2023
  • admin
  • Food Programs, Programs & Assistance

Food Assistance Program

The Valley Food Bank was established in 2001 as an outreach of the Rescue Mission Alliance to serve the food insecure in the San Fernando Valley. Our warehouse facility in...
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Before you design a new home or remodel an existing one, consider investing in energy efficiency. You'll save energy and money,
  • January 19, 2023
  • admin
  • featured, Top Stories

Twenty Six Ways You Can Make Your Home Energy Efficient

Discover effective methods to transform your home into an energy-efficient haven and reduce your energy expenses with our invaluable advice. From minor enhancements to significant remodels, gain insights into...
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List of California Solar Incentives
  • January 19, 2023
  • admin
  • Financial Aid, Top Stories

List of California Solar Incentives 2023

California’s Remarkable Solar Incentives Revolutionize State’s Energy Landscape Under the sun-drenched skies of California, the impact of solar incentives has been nothing short of remarkable. With its year-round sunny...
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  • January 18, 2023
  • admin
  • featured, Solar, Top Stories

The Solar Tax Credit Extension For 2023 And Beyond

ByDeane Biermeier Contributor Lowe Saddler Editor Published: Dec 1, 2022, 3:49pm Getty Images Since 2006, the Solar Investment Tax Credit has offered tax reduction incentives for homeowners who choose to...
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The Top 10 Ways to Purchase Solar Panels 1. Buying Solar Panels Cash Thinking of buying solar panels cash? Smart move! You'll avoid interest and loan fees, and you won’t need to worry about your credit score. And with how long your solar panels are bound to last, you’ll be saving far more money in the long run. 2. Buying Solar Panels with a Loan If you’re ready to go solar but don't have the upfront cash for a once-off payment, solar panel loans are easy to come by. Better yet, there are plenty of solar panel loan options to choose from. The only thing to keep in mind is that a less-than-stellar credit score may limit your choices. 3. Purchasing Solar Panels with a Credit Union Loan If you’re looking to get a solar panel loan, but aren’t sure where to start, look no further than your local credit union! They offer lower fees, higher savings rates, and a personalized touch. Plus, you'll have a better chance of getting approved while enjoying lower interest rates when compared to big banks. As a bonus, you'll even get to vote on the credit union's policies and decisions. 4. Property Assessed Clean Energy (PACE) Loans These government-approved loans partner with private lenders, making it easy for you to pay for your solar panels. No monthly payments are necessary, just a higher property tax bill that is manageably spread out over a set number of years. 5. Home Equity Loan Are you ready to take your home's energy game to the next level with solar panels, but feeling a bit cash-strapped? A home equity loan, also known as a "second mortgage," might be just the ticket to unlock the power of the sun for your home. With a home equity loan, you can borrow up to 80% of the equity you've built in your home, and receive a lump sum of cash to put towards those shiny new panels. Just be sure to pay attention to the terms and interest rates, as missing payments or defaulting on the loan could lead to foreclosure. But with the savings on your energy bills and the added value to your property, investing in solar with a home equity loan is a win-win. 6. Home Equity Line of Credit (HELOC) Think of a HELOC as your own personal piggy bank, but – instead of coins – it's filled with cash. And instead of breaking it open for candy money, you can use it for something a little more grown-up, like solar panels. With a HELOC, you’ll have a revolving line of credit that you can tap into as needed, only paying interest on the amount you borrow. It's like having a secret stash of cash, but instead of hiding it under your mattress, it's secured by your home. And unlike a lump-sum loan, where you pay interest on the entire amount from day one, a HELOC gives you the flexibility to pay as you go. As an example, if you need $35,000 to go solar over the next three years, your interest payments will gradually increase as your loan balance grows. But don't get too comfortable with your panel-promising piggy bank… After a set term of 10 years, the draw period will end, and you'll have to start making fixed monthly payments for approximately 20 years. But hey, at least you'll be saving money on electricity bills with your planet-friendly solar panels! 7. Solar Lease or Power Purchase Agreement (PPA) (Not Recommended) A solar lease or PPA may sound like a sweet deal, but don't be fooled. These agreements often come with an escalator clause that raises the cost of your electricity each year, potentially leaving you paying more for power than if you didn't go solar in the first place. And let’s not forget about the pushy sales tactics and sometimes illegal behavior of some solar companies. And that’s not even the half of it. If you miss a payment, the solar company or financial institute that owns your panels may repossess them or even place a lien on your home mortgage. Worse yet, if you were thinking about claiming those tax incentives, they belong solely to the leasing company. But perhaps the biggest disadvantage of a solar lease/PPA is the long-term commitment. And to top it all off, the cost of the power produced can vary greatly from summer to winter. Instead, consider a levelized payment system through your local utility company. Trust us, it's the smarter choice. 8. Interest-Free Credit Card (Highly Recommended) When you need to pay for your solar panels, this handy financial tool can help you spread the cost with a 0% interest period for up to 22 months, or even 24 months for balance transfers. Just be sure to pay off the balance before the interest-free period ends, or you may end up with higher interest charges. And remember that the more you borrow, the more you'll have to pay back each month. For your peace of mind, you can always set up a Direct Debit to take the hassle out of remembering when to make payments. 9. VA Emergency Efficient Mortgage (EEM) If you’re a Veteran looking to upgrade your home's energy efficiency, an Energy Efficient Mortgage (EEM) program is something to seriously consider. This loan program helps Veterans finance qualified energy-efficient home improvements, meaning you can use it to pay for your solar panels. Imagine having the added comfort of warm sunshine on a cold winter’s day, while also reducing noise and pollution. Not only will you improve your overall health, but your home's resale value could also increase. Of course, there are some cons to consider as well. You'll have to borrow more money to cover the cost of upgrades, and the spending limit is typically around $6,000. It may take years to recoup costs fully, but the long-term savings and benefits are worth it. 10. Refinancing Your Home Refinancing your home to purchase solar panels is a brilliant way to take the solar panel plunge and upgrade your home's energy game. But before you start signing that dotted line, let's talk about the details. Sure, some homeowners may prefer to pay off the remainder of their loan before refinancing, but why not do both at the same time? When you decide to refinance, it pays to be upfront about the solar panels on your property while working with your lender to find the best solution for you. Panels.
  • January 11, 2023
  • admin
  • featured

The Top 10 Ways to Purchase Solar Panels

By Freddie Avila Exploring Solar Panel Purchase Options: Top 10 Ways Empower Your Home with Solar Savings Discover the best 10 ways to acquire solar panels with informed decisions...
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Top Rated Solar Inverters 2023
  • January 2, 2023
  • admin
  • Solar

The Top Rated Solar Inverters in the Industry

Discover the best solar inverters in the industry with our comprehensive guide. We review the latest technology and efficiency ratings to help you make an informed decision and choose...
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Father and Son loving Solar
  • January 2, 2023
  • admin
  • Education, Solar

Homeowner shares his step-by-step solar install story

When I first contacted solar installers, they asked for two items: address of my property a digital copy of my utility bill From my address they can survey the property using Google...
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Five types of Solar Installers in The San Fernando Valley Area
  • January 2, 2023
  • admin
  • Education, Solar

There are five types of Solar Installers

There used to be three types of solar installers, but over a few years, there have been five types. The inexpensive guys avoid, the expensive guys avoid, and the...
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Asymmetric Net Metering
  • January 1, 2023
  • admin
  • featured

Asymmetric Net Metering: your complete guide

in 2022. by Fomin Alek 830 Last updated on 01.04.2023 Asymmetric Net Metering: your complete guide in 2022. Table of Contents 1...
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