Sent: Monday, April 29, 2002 2:06
Subject: [hreg] The San Francisco
I knew that San Francisco had some kind of solar proposition on their ballot
last November but never heard the details or how it came out. Turns out that it
passed and it is a very interesting project which I think we should investigate
seriously for Houston or for the entire state.
You can find the details at www.votesolar.org. There are several buttons you
can select as listed below. I have reproduced below the one called "The
San Francisco Story" which I think is very interesting, but the others
give more details and are also worth reading. I asked to be put on their list
("Contact Us") below. Would appreciate any thoughts anyone might have
THE SAN FRANCISCO STORYOn November 6, 2001, San Francisco voters
overwhelmingly approved a landmark $100 million bond initiative that pays for
solar panels, energy efficiency and wind turbines for public facilities. The
measure pays for itself entirely from energy savings at no cost to taxpayers.
With this model, San Francisco pioneered a path for funding the nation's
transition to renewable energy.The mechanics are simple. The bond pays for
solar panels, wind turbines and energy efficiency measures for public
buildings. The money that would have gone to buy electricity from power plants
instead goes to pay down the bond. The campaign for the solar revenue bond
happened because San Francisco residents, like many other Californians, were
plagued by blackouts, skyrocketing prices and dirty neighborhood power plants.
Large-scale solar power represents an important way for people to take greater
control over their future by making their own affordable, reliable, and clean
energy.The effort to pass the measure became a consensus campaign. The measure
earned the endorsement of organizations spanning the political spectrum from
the Chamber of Commerce to the Sierra Club and almost every elected leader
representing San Francisco from City Hall to Capitol Hill. The measure, which
moved from a mere idea to approved legislation in less than 10 months, passed
by 73%. Implementation of the bond will be handled by the city's Public
Utilities Commission and will be phased in over four years.The San Francisco revenue bond model has already
attracted the attention of cities around the country because of its enormous
popularity with voters and its obvious fiscal advantages. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . .VoteSolar
Home | Contact Us
The San Francisco Story | Why Solar? | About Revenue Bonds
Tools to Help You | Press
effort to put solar panels on government buildings in San Francisco was
supported almost universally.
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