The City Council of Rio Dell hereby makes the following findings:
(1)
The residents of the City of Rio Dell face the certainty of continued escalating prices of energy supplies for home and continued dependence upon imported sources of energy.
(2)
Solar energy has been found to be an inexhaustible, renewable and nonpolluting energy resource that can contribute to the public health, safety and welfare of the citizens of Rio Dell by reducing dependence on nonrenewable and imported sources of energy.
(3)
The high initial cost of purchasing and installing a solar energy device is the primary economic barrier to expanded solar energy use. Leasing of solar energy devices has been proven to be an effective means of reducing this economic barrier and may be an attractive alternative to ownership for many customers.
(4)
Section 17052.5 of the State Revenue and Taxation Code restricts eligibility for the California State 55 percent tax credit for solar leased systems to lessors granted a permit from a municipal solar utility program established by ordinance of the local jurisdiction prior to January 1, 1983.
(5)
The establishment of a municipal solar utility program can increase public awareness of solar energy alternatives and lead to a greater degree of consumer protection and consumer confidence in leasing solar energy systems, thus substantially increasing the use of solar energy in the City of Rio Dell.
(6)
The City of Rio Dell may choose to enter into a joint powers agreement (JPA) with other cities and/or county governments to facilitate the administration and/or implementation of a municipal solar utility project.
(Ord. 169 § 1, 1982)