Originally published on ilsr.org. Below is part three of our City Power Play report, a report released in October 2013 (and still relevant today) about the types of policy solutions cities can enact to increase their ownership of renewable energy. Read part 1 and part 2, published last week. Permitting One authority … [continued]
As part of an effort to improve homeowner access to rooftop solar photovoltaic system financing, the residential solar energy systems provider Vivint Solar will be partnering with the residential Property Assessed Clean Energy (PACE) financing provider Renovate America. The partnership will of course see Vivint Solar now offering Renovate America’s … [continued]
Originally published on ilsr.org. Keeping Energy Dollars Local Chattanooga, TN, is adding over $1 billion to its local economy in the next decade by implementing one of the most advanced smart grids and delivering the fastest internet service in the country with its municipal utility. Sonoma County, CA, has created nearly … [continued]
Originally published on the ECOreport. Seven years ago, the White House released policy guidelines that would allow homeowners to finance home energy improvements through their property taxes. The Property-Assessed Clean Energy (PACE) is a local government/corporate partnership, in which private companies supply 100% of the initial funding and are paid back over time. If … [continued]
Originally published on the ECOreport. Two months ago, Ygrene CEO Stacey Lawson announced her company’s plan to expand into six U.S. states. This was followed up by the news, a few days ago, of Ygrene PACE’s $250 million virtual funding facility for expansion. The $250 Million Virtual Facility “The $30 million … [continued]
Originally published on the ECOreport. After two years of operation, any concerns that the public held about PACE appear to be a thing of the past. County Supervisors Dianne Jacob and Dave Roberts recently held a press conference to describe how PACE heats up San Diego’s economy. More than $300 million in … [continued]
Originally published on the ECOreport. Sacramento was one of the 16 cities and five counties that recently adopted the HERO Property Assessed Clean Energy (PACE) Program. Now 85% of California can apply for HERO PACE loans. Actually Saving Money Some customers are actually saving money, in terms of their cash flow, by … [continued]
Originally published on the ECOreport. There are good reasons for the Property Assessed Clean Energy (PACE) to catch on. Homeowners take out PACE loans at a low rate of interest, with no money down, and pay them back through their property taxes. This already sounds good, but a Florida PACE project did … [continued]
Originally published on the ECOreport The Environmental Protection Agency recognized three local governments for their “Innovative Partnerships” with a PACE provider in its 2016 Climate Leadership Awards. In the press release, in which the EPA announced awards being given to “One Individual, 13 Organizations, and three Partnerships” across the US, it says: The … [continued]
Originally published on the ECOreport Ygrene operates one of America’s largest property assessed clean energy (PACE) financing programs and it is about to get much bigger. It just raised $30 million in operating capital to finance its expansion into six states. According to President and CEO Stacey Lawson, Ygrene expects to quadruple its business. A … [continued]
