Sustainable Energy Redevelopment

Another option is to work with redevelopment districts to help finance solar installations and energy efficiency measures. Redevelopment districts spend local taxes in the same neighborhood where they are collected to meet specific neighborhood goals. One of these goals is keeping the cost of living affordable for existing residents in the neighborhood. Decreasing the cost of utilities through energy efficiency improvements and installing solar panels can help keep the cost of living affordable. The Oakland City Council has recently granted funds to the nonprofit Grid Alternatives to install solar PV panels on several homes owned by low-income residents or a non-profit in the one of the city’s redevelopment areas.