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CBG`s Renewable Energy Program
Community Building Group`s (CBG) Renewable Energy Program is increasing the use of renewable energy in local communities. CBG wants residential property owners to understand how to make the most of renewable energy for their homes.
Solar D-Light Fund. The Fund is a revolving loan fund used solely for the design and installation of renewable energy in residential settings. The purpose of the Fund is to provide the up front cash needed by a property owner to design and install renewable energy.
The Solar D-Light Fund interrelates with government tax credits and incentives; energy company incentives and credits; private foundation funds; mortgage lenders; and other sources offering assistance for the installation and use of renewable energy. Loans are available to property owners with payments outlined in accordance with the tax credits, and incentives available to the owners upon completion of the energy systems installation. Any gap between the total loan and the credits are low- interest loans to the property owners. Loan payments are calculated and amortized based on the anticipated cost savings of utilities generated by the renewable energy systems.
CBG Case Studies in Renewable Energy. In 2009, Four demonstration projects to test and prove successful implementation of renewable energy use include:. Six city row homes showing the generation of solar power for heating and air conditioning, appliances, and hot water; Rural community of 93 apartment homes to demonstrate the use of wind and/ or solar energy for common-area electric; and heating swimming pool; New homes community to illustrate how layout and design considerations can be used to minimize energy use, and incorporate renewable energy production for heating, air conditioning, appliances, and hot water; and small beach front condominium case study to show the effective use of solar energy for: car ports, providing the energy for electric cars; and water heating; and the use of green space adaptation around hvac condensors.
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