Sunnyvale nonprofit offers no-interest financing for residents to go green
Briefly

Silicon Valley Clean Energy (SVCE) has introduced a Zero Interest Financing Program aimed at helping homeowners in 13 Santa Clara County communities. This initiative provides no-interest loans covering up to 100% of installation costs for energy-efficient heat pump systems and water heaters, alleviating the burden of upfront expenses. Alongside financial support, the program includes ongoing monitoring and assistance to ensure that energy savings balance out loan repayments. Initially, the program is expected to benefit around 200 homes, primarily targeting those with high potential for bill savings. Additionally, EnActe Arts is launching an International Playwriting Competition, and TETRA Hotel is set to host a Pride-themed makers fair.
The Zero Interest Financing Program by Silicon Valley Clean Energy makes energy-efficient home upgrades more accessible for residents, offering no-interest loans for up to 100% of equipment costs.
EnActe Arts invites global playwrights to submit works emphasizing South Asian perspectives for its International Playwriting Competition, providing developmental support and festival presentation for finalists.
TETRA Hotel is hosting the Oasis Makers Fair: Pride Edition, featuring LGBTQIA+ makers, performances by local artists, and fundraising efforts for the Rainbow Chamber of Silicon Valley.
The financing pilot program aims to serve around 200 homes within 13 communities, particularly focusing on homeowners with significant savings potential.
Read at www.mercurynews.com
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