In recent years,
PG&E’s rates have skyrocketed, with an unprecedented increase of over 200% and additional hikes looming on the horizon. This sharp rise in costs has placed a significant financial strain on renters and homeowners alike. In response, we’ve seen renters increasingly seeking properties in lower-cost electricity areas like Roseville Electric or Sacramento Utility District, where electricity costs are 70% cheaper than PG&E.
How the Program Works
For eligible properties, our new program provides a comprehensive energy solution without any upfront costs or financing. Supported by the Powered Up Network, this initiative involves outfitting homes with state-of-the-art solar panels, a Tesla Powerwall battery, and even a new roof if needed. There are no loans or liens involved—the property owner simply lends their roof space, and the power generated is sold back to them at rates 30% to 50% lower than those of PG&E. Moreover, participants enjoy rate increase protection, preventing the kind of 20%+ annual rate hikes currently experienced with PG&E.
Program Benefits
Eligible homeowners can reap numerous advantages:
- Solar Panels: High-efficiency solar panels that maximize energy capture.
- Tesla Battery Wall: Reliable protection from power outages with Tesla’s cutting-edge battery technology.
- Roof Upgrades: Necessary modifications to support new installations without the financial burden.
Financial Advantages
Participants in this program benefit financially by:
- No Initial Investment: Receive solar panels, a Tesla battery wall, and potentially a new roof without any upfront costs.
- No Financial Liabilities: Enjoy these upgrades without the burden of loans or leases.
- Significant Energy Savings: Slash your energy bills by 30-50%, lock in your rates, and shield yourself from future PG&E rate increases.
Special Opportunity for Rental Properties
This program isn’t just for homeowners. For the first time, investment property owners can also take advantage of these opportunities, thanks to new funding from state and federal programs designed to support renewable adoption in high-cost PG&E areas. If you manage rental properties and are interested in boosting their energy efficiency and appeal, provide us with the necessary details. We’ll work with our partners to initiate the process, helping you decrease operating costs and enhance tenant retention.
Next Steps
Homeowners and property managers interested in applying for this transformative program should provide:
- Your Address: To verify the property location.
- Number of Residents: To estimate energy requirements.
- Presence of an EV Charger: To assess additional energy needs.
Upon receiving your information, or authorization to share rental information, we will coordinate with Chris Lamm from Mortgage One. Chris will provide a detailed, AI-generated report at no cost, discuss eligibility, and outline the next steps.
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