Smart Western Riverside County residents and business owners know that the HERO (Home Energy Renovation Opportunity) program is a wise-and affordable-way to install solar power systems in their homes. And now San Bernardino County residents are finding out why. The unique public/private financing opportunity has been approved by the San Bernardino Association of Governments to be offered to county residents and businesses.
In HERO, interested parties can apply for low-interest loans to fund the installation of solar energy systems, as well as certain other home improvements. The loans are then paid back through property-tax bill assessments. Loan applicants don't need a minimum credit score to qualify, but they do need to be current on their mortgage and property taxes and have some equity in their homes, among other conditions.
The program doesn't just benefit the home and business owners who receive the loans. Local construction companies and solar installers can get more business with the increase in renovation projects. And cities can help meet California's goals to lower greenhouse gas emissions.In Western Riverside County, the HERO program has met with great success. Serving Banning, Calimesa, Canyon Lake, Corona, Eastvale, Hemet, Jurupa Valley, Lake Elsinore, Menifee, Moreno Valley, Murrieta, Norco, Perris, Riverside, San Jacinto, Temecula, Wildomar, and unincorporated areas, HERO has funded more than $185 million in improvement projects since 2011.
In San Bernardino County, eligible cities are Adelanto, Big Bear Lake, Chino, Chino Hills, Colton, Fontana, Grand Terrace, Hesperia, Highland, Loma Linda, Montclair, Ontario, Rancho Cucamonga, Rialto, San Bernardino, Twentynine Palms, Victorville, Yucaipa, Yucca Valley, as well as unincorporated areas.