PACE

The First PACENation Summit Ever

Originally published on the ECOreport There are almost 400 registrants, from 35 or 36 states, all keenly aware that the US government is about to partially remove a hindrance that has kept residential Property Assessed Clean Energy (P.A.C.E.) financing from spreading throughout the nation. George Caraghiau said, “I’ve been to so many conferences … [continued]

LA Is HERO PACE’s Fastest Growing Market

Originally published on the ECOreport Eric Garcetti has long been an advocate of clean energy. During his many years as a city counselor, he wrote Los Angeles’ green building ordinance. As mayor, Garrett promised to create 20,000 clean energy and clean water sector jobs during his first term (2013-2017). In April 2015, … [continued]

HERO Financed $1 Billion Of PACE Projects

Originally published on the ECOreport Renovate America CEO J.P. McNeill does not give many press conferences. In fact, this is the first I have attended in the three years I have covered this company’s HERO PACE, but yesterday was a watershed. HERO financed $1 billion of PACE projects. Hero Has Financed $1 billion … [continued]

PACE Loans Can Interfere With Home Sales

Originally published on Green Building Elements. California has been the model for the PACE loan, which stands for Property Assessed Clean Energy. It is a special program designed to make it easier and less expensive for  homeowners to add energy efficient improvements to their homes. Here’s how it works. A … [continued]

Financing America’s Solar Revolution

Originally published on the ECOreport Renovate America has financed more than $950 million worth of solar power, energy-efficient HVAC/windows/roofing, water capture systems, and artificial turf projects since 2011. Its HERO PACE program has already been been used by 38,000 homeowners, adopted by 347 Californian communities, and rumor has it that … [continued]