Milwaukee Edition
Bookmark and Share Email this page Email Print this page Print

Milwaukee Shines Solar Financing Aims to Help Residents Add Solar

Solar install training with Midwest Renewable Energy Association, Housing Authority of City of Milwaukee and Milwaukee Community Service Corp.

Solar install training with Midwest Renewable Energy Association, Housing Authority of City of Milwaukee and Milwaukee Community Service Corp.

The Milwaukee Shines Solar Financing program, part of the city’s new solar initiative, offers Milwaukee city residents a new option for financing a home solar installation. Milwaukee Shines has partnered with Summit Credit Union to offer low-interest solar loans for city homeowners, with a $1,000 incentive for the first 20 participants in the program. Summit Credit Union will leverage donated funds to make a total of $2 million in solar loans available.

A survey of solar installers found that one barrier to residential solar installations is finding viable financing options. “We have seen the number of solar installations increase over the past two years since our solar program began, but financing the installation can still be a challenge for homeowners,” notes Amy Heart, the city of Milwaukee’s solar program manager. “This is an exciting project that provides necessary financing solutions for city residents who want to add solar to their homes.”

The Milwaukee Shines Solar Financing program was developed with the goals of increasing solar installations on Milwaukee homes, while demonstrating that solar energy is a stable and viable investment for private financial institutions. “It is our hope that this unique program not only provides immediate financial support to residents, but also helps to spur a long-term change in how our local lenders view investing in renewable energy development in southeast Wisconsin,” said Heart.

“It is important to promote solar projects whenever we can, to help our environment and reduce our reliance on foreign fossil fuels,” comments Tony Zielinski, 14th district alderman on the Milwaukee Common Council and sponsor of the Milwaukee Shines Solar Financing resolution, which passed Common Council unanimously.

A project of the city of Milwaukee’s Office of Environmental Sustainability, Milwaukee Shines is funded through donations and a U.S. Department of Energy (DOE) grant. In 2008, the DOE named Milwaukee a Solar America City. The grant award helps to increase solar investment though installations, education, outreach and solar supply chain initiatives.

For more information email AHeart@milwaukee.gov, call 414-286-5593 or visit MilwaukeeShines.com.

 

Milwaukee Shines Solar Financing at a Glance

Milwaukee Shines Solar Loan

  • Eligible participants: Owner-occupied residential homes (one to three units) within the city of Milwaukee
  • Loan Size: Up to $20,000
  • Term: Up to 15 years
  • Interest rate: Low interest rates, ranging from prime-plus-1.5 percent to prime-plus-2.25 percent
  • Eligible installations: Solar electric (up to 6kW) and solar hot water (one to eight panels) installations

Milwaukee Shines Solar Incentive

  • First 20 participants in the solar loan program get a solar cash-back reward
  • Amount: $1,000 per approved solar installation
Edit ModuleShow Tags

More from Natural Awakenings

Make a Date with Yoga This Valentine’s Weekend

Rosie Rain is hosting a special event, Kundalini Yoga for Lovers and Friends, on February 10 from noon to 2 p.m. at Yama Yoga, in the Historic Third Ward.

Milwaukee Hypnosis & Wellness Center 
Expands Hypnosis Training

The MidAmerica Hypnosis & Mindset Training Center, a division of the Milwaukee Hypnosis & Wellness Center, is currently offering certification and mindfulness training through in-person and online classes in a new, larger location.

The Green Team Adds Winter Services

The Green Team, a natural and sustainable landscaping company, is offering new winter services that include junk hauling, light moving, logistics and other related projects utilizing their fleet of trucks.

Body Mind Spirit Expo Returns 
to Milwaukee

The Body Mind Spirit Expo will share a weekend of insights and life-affirming wisdom from 10 a.m. to 6 p.m., March 10, and 11 a.m. to 5 p.m., March 11, at the Grand Stay Hotel & Suites Milwaukee Airport.

Top-Ranked Women’s Herbal Conference

The seventh annual Midwest Women’s Herbal Conference will be held on June 1, 2 and 3 in Almond, Wisconsin, and registration is now open.

1212 Bodyworks Moves to 
New Location

Emily Yenor, physical therapist and owner of 1212 Bodyworks, has moved to a bigger space near Goerke’s Corners: 20720 West Watertown Road, Suite 100, in Brookfield.

Parenting and Education Conference Addresses 
Goodness, Beauty and Truth

The Great Lakes Waldorf Institute and Lifeways of North America, along with Prairie Hill, Tamarack and Madison Waldorf Schools, is hosting their sixth community education conference.

Ring In A Healthy New Year at the Winter Wellness Expo

The annual Winter Wellness Expo Lake Country, an event featuring over 30 holistic health vendors, classes, demonstrations and more, takes place from 11 a.m. to 3 p.m., January 20, at Abundant Joy Yoga & Wellness.

Waldorf Education Open House at Tamarack Waldorf School

Families are invited to visit Tamarack Waldorf School’s Open House from 1 to 4 p.m., January 28, to learn more about the unique Waldorf method of education offered for children in Pre-K through high school.

Extreme Kleaner Promotes Main Street Premium Brand Through Small Business

Extreme Kleaner has created a new program to partner with selected locally owned retailers through the exclusive placing of its Main Street Premium Brand in those stores.

Naturopathic Doctor to Lead Anti-Aging Workshop

Naturopathic doctor Sarah Axtell, of Lakeside Natural Medicine, will host an anti-aging workshop designed to enhance beauty, improve health and reverse signs of aging.

Launch of Ignite Wellness MKE: Providing Whole-Person Care

On January 23, Dr. Rachel Thiel will open her new practice, Ignite Wellness MKE.