WRCOG - Western Riverside Council of Governments - HERO Program
The Western Riverside Council of Governments (WRCOG) has launched a new program to help property owners save energy and money by helping to lower utility costs. Borrow money against the equity in your home and pay it back through your property taxes. You may qualify for the Riverside Home Energy Renovation Opportunity (HERO) solar program if you live in one of the following cities:
- Canyon Lake
- Jurupa Valley
- Lake Elsinore
- Moreno Valley
- San Jacinto
- Unincorporated Western Riverside County
Are you qualified?
Property Owner Benefits Include:
Borrow up to 10% of the value of your home
No FICO requirements
- No payments until November 2014
Payments made as part of your property taxes
Interest is tax deductible*
Pay your system off by ‘redirecting’ monthly utility payments
Improvements may increase property’s value and salability
Own your solar system instead of leasing it
Combine your solar improvement with other eligible HERO approved products such as:
Heating, ventilation, air-conditioning (HVAC), Windows, Roofs, Insulation, Pool Heating, And more!
Why WRCOG HERO?
- Instant Approvals: Takes less than 2 minutes to apply and get approved and No FICO Requirements!
Available to more property owners: It’s not based on FICO scores like other credit offerings.
5, 10, 15, or 20 Year Terms Available: Longer terms lower payments and shorter terms let you own solar more quickly!
Interest is tax deductible: Lowers effective interest rate, Check with tax consultant.
Increased Property Value: More attractive to home buyers
Finance Up to 10% of Property Value: Maximum of 10% of your property & $5,000 minimum financing amount.
100% of Installed Costs Financed
$0 Down Option
Payments are made with property taxes
- Learn more about WRCOG HERO