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Home Improvement Loans

June 2nd, 2010 by flanews

Cash to make your home more energy efficient will soon be easier to get. Legislation awaiting the governors signature will allow county and city governments to loan homeowners money for improvements. The borrowers will then have the next 20 years to pay the money back through their property tax bill. Al Simpler, owner of Simpler Solar Systems in Tallahassee, says the programs a good start, but the state still needs to compensate the 98-hundred Floridians who added solar panels to their homes but never received their state rebates.

We have over 9800 people now in the state of Florida that were promised a rebate if they invested in solar with their money. So, they did so and we have 150 applications a week still coming in and we have no real incentive program for solar in the state of Florida after June 30th, said Simpler.

Setting up the local funds for renewable energy will be left up to city and county governments who will have to sign off on the program before the barrowing can begin.

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