Obviously, Renovate America has jumped onto the politically correct and very lucrative Green Mania Train to profit its investors. Our MV govt is a sucker to do business with them. As long as Mountain View doesn't have to pay or commit a single penny of MV revenues either to homeowners or to Renovate America then I reluctantly approve. Also, since non-credit-worthy "liar" loans will be involved, MV must not be allowed to guarantee any loans made by Renovate America to homeowners or to landlords, and any deferred payments to property taxes must guaranteed by Renovate America and also include cumulative interest and administrative fees. Oops! I almost forgot. No rebates by MV either.

Okay, so your alternative is...what, exactly?

Just because the payback is attached to your property tax bill doesn't make it automatically a tax deduction. There's a lot of misinformation in this regard. Just as I wouldn't take solar energy installation advice from a tax pro, I wouldn't take tax advice from a solar energy sales rep. For the interest on the loan to be tax deductible, the lender must file a lien against your home. When it comes time to sell your home, what are the changes the buyer will assume the loan? What will the buyer's mortgage company think about being #2 in line to get a lien on the home? The seller will have a hard (impossible) time convincing the buyer to assume the energy improvement loan. Homeowners, be afraid. Be very afraid.