As Kirsten Grind’s reporting on Property Assessed Clean Energy (PACE) in the Wall Street Journal expanded, the mortgage banking lobby’s anti-PACE talking points were embraced.
Rooftop solar power prices have been dropping. Home energy storage prices have been dropping. New and increasingly compelling electric vehicles keep coming to market. These are cleantech topics that come up daily as these industries keep growing and growing. However, there are transformative elements of the cleantech world that stem from more nuanced business innovations and policies. One of those is Property Assessed Clean Energy (PACE) financing.
The clean energy renovation of a Washington, DC housing complex may unlock PACE funding’s untapped potential for affordable housing across America.
Originally published in the ECOreport. As a result of recent Californian legislation, the San Diego County Board of Supervisors has approved the residential Property Assessed Clean Energy (PACE) program. Though commercial PACE is available throughout San Diego, up until now only cities that opted to go on their own have … [continued]
Originally published on the ECOreport. A little more than two years since it was launched in Riverside County, the Home Energy Renovation Opportunity (HERO) financing program is on the verge of an expansion that will soon be accessible to 70% of Californians. “The past two years have confirmed that California cities are … [continued]
Editor’s note: PACE programs are hugely supported by CleanTechnica, and we’ve written about them (and summarized the idea) several times over the years. Here’s another good summary (I think we’re due for one, in case you haven’t heard about the idea yet) as well as quite an interesting potential collision … [continued]
Western Riverside County and California are leading the way forward in providing innovative financing for homeowners to carry out clean energy, energy and water efficiency renovations and retrofits. $50mm in HERO Program projects have been approved, which is projected to create as many as 4,000 local green contractor jobs, as well as enabling homeowners to reduce their energy and water bills, which in turn’s going to take a big bite out of the county and state’s electricity and water usage, carbon and greenhouse gas emissions.
14 California counties and 126 cities have launched the first state-wide and the nation’s largest PACE (Property Assessed Clean Energy) program, which aims to boost clean energy use, as well as energy and water efficiency for commercial property owners. The landmark program stands to boost local economies, create jobs, and yield savings for consumers while reducing greenhouse gas emissions, energy, and water consumption. […]
