Delivering Economic Benefits with Rooftop Solar
Turning the region’s vast unused rooftop space into clean-power generators
L.A.’s Feed-in Tariff Program. . .
Delivered in direct private investment
Leveraged in federal tax credits
of FiT projects in low-income “solar equity hotspots”
The Feed-in Tariff program fights climate change and creates economic opportunity
Los Angeles is facing an alarming mix of challenges related to climate change. Droughts and high temperatures are reaching new, more frequent extremes. Devastating wildfires have forced families from their homes. Our air quality ranks among the nation’s worst – hitting disadvantaged communities hardest.
The LABC is a longtime champion for the Feed-in Tariff, or FiT program, which allows local property owners, solar companies and third parties to sell solar power generated from underused rooftops back to the L.A. Department of Water and Power for distribution on the city’s power grid.
Today, Los Angeles leads the largest FiT program in the nation. It has helped building owners turn their roofs into revenue, created thousands of high-quality local jobs, and avoided the release of 2.7 million tons of greenhouse gas emissions annually.
Rooftop Solar is a Win-Win-Win!
The building owner receives a regular lease payment for unused rooftop space
The solar developer earns income from clean electricity generated into the power grid
Los Angeles benefits from reduced greenhouse gas emissions and thousands of local jobs
The LABC is a proud member of the Green Together Collaborative, a partnership designed to strengthen the local economy and reduce greenhouse gas emissions in the Pacoima-Sun Valley area.
Through a partnership with the Los Angeles Department of Water and Power, we connect building owners with solar developers to harness the power of the sun for profit — a market-driven approach to sustainability.
With rooftop solar, property owners win big!
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