The Residential Energy Efficiency
It's not your imagination, summer's are getting hotter. Heat waves have hit the valley throughout the summer with scorching 3-Digit temperature. In this infographic you can notice the increase of temperature over the last six decade.
First graph depicts the base period of 1951-1980, second graph shows the shift between 2005-2015, shifting towards extreme heat.
*Chart based from NY Times article, "It's Not Your Imagination.
Summers Are Getting Hotter."
The alarming increase in temperature, electric grids are taking a tremendous hit and we are also contributing greatly to greenhouse emissions. With this growing concern, California residents should take measures into their own hand by assuring their homes are energy efficient. Simple things like keeping windows and doors closed are essential but also properly sealing and insulating a home are necessary to reduce energy consumption and help save dollars.
The residential energy efficiency loan program is designed to help homeowners and renters access lower-cost financing for energy efficiency projects by reducing risk to participating lenders. The program has more than $20 million available in loan loss reserve funds to help participating lenders mitigate energy efficiency loan risk. Unlike the PACE program, the loan is a separate loan with no liens attached to homes or properties. Interests rates vary depending on lender and credit score, ranging from 5-10%.
To learn more about the REEL program visit us at our upcoming events:
- August 17 Heart of Downtown Business Expo from 3pm-7pm at the Westchester on 2801 F Street
- August 20 Dia de la Familia from 12pm-3pm at Cecil Park on 1730 Madison St. Delano 93215
Also for more information about the REEL program visit: http://www.thecheef.com/reel