Initially proposed in California in 2005, property assessed clean energy, or PACE, was seen as a way for a property owner to avoid prohibitively high up-front costs to have solar arrays installed on their homes or buildings. Property owners instead would make payments along with their property taxes. Starting with BerkeleyFIRST in 2008, legislation authorizing […]
Bill would unlock PACE financing
Proposals to make financing clean energy production at individual homes and buildings first showed up in 2001 in San Francisco as a voter-approved solar bond program, and in 2005 in the Monterey Bay Regional Energy Plan. These strategies were seen as a way to help property owners avoid up-front costs to install or retrofit energy-efficient […]