11.A.
City Council Draft Agenda
- Meeting Date:
- 05/03/2022
- From:
- Nicole Antonopoulos, Sustainability Director
- Department:
Co-Submitter:
TITLE:
Proposed Framework for Residential Solar and Electric Bike Rebates
DESIRED OUTCOME:
This is an informational discussion only.
EXECUTIVE SUMMARY:
At the request of City Council staff have developed a proposed framework for residential solar and electric bike rebates
INFORMATION:
The proposed solar rebate program would build on prior momentum by providing financial incentives for solar panel installation and energy production. The program framework:
- Proposes three scenarios (A, B, C) for a Residential program
- Assumes a $50,000 incentive budget for the program
- Features an equity component to assist low-income community members
The proposed e-bike rebate program would build on growing momentum by providing financial incentives for locally purchased electric bicycles with an equity component for low-income customers. It also includes a rebate for electric bike conversions.
Attachments
- Framework for Solar and Electric Bike Rebate
- Proposed Residential Solar Rebate
- Proposed Electric Bike Rebate