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PACE program provides private funding for solar power, efficiency upgrades
PACE programs provide long-term private funding for solar power and energy efficiency, with no burden to taxpayers or ratepayers.
Homeowners make repayments for the installations in their homes through property-tax assessments over many years.
Twenty-seven states have passed enabling legislation for PACE.
The newly introduced PACE Protection Act (HR 2599) seeks to restore these innovative and wildly popular programs while satisfying the Federal Housing Finance Agency’s concerns.
There’s no downside to PACE. We hope our congressional delegation will restore the PACE revolution by voting for HR2599.
Robert Vick