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San Diego Institutions Will Soon Receive Solar Funding

Courtesy of Federal stimulus funds, many universities, schools, and other public buildings in and around San Diego will soon receive $154.6 million worth of solar installations.

“It means more green jobs and more renewable power for the people of San Diego,” said Lisa Bicker, chief executive of CleanTECH San Diego, a nonprofit group that responsible for coordinating a portion of of the funding.

The largest allocation amount will go to the San Diego Unified School District, which will recieve $74.3 million to complete 111 solar installation projects.

This amount makes up about nearly 20 percent of the $800 million handed out nationwide.

The federal money comes in the form of bonds on which the federal government would pay most of the interest in the form of tax credits for buyers.

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