Lawsuits filed against L.A. County, lenders over green energy program

“Attorneys representing homeowners filed lawsuits Thursday against the Los Angeles County, alleging a county program that funds solar panels and other energy-efficient home improvements is a “plague” that’s ruined the finances of many borrowers by saddling them with loans they cannot afford. The complaints say borrowers are now at risk of losing their homes because…

Lessons in Commercial PACE Leadership: The Path from Legislation to Launch

A new U.S. Department of Energy (DOE) and Lawrence Berkeley National Laboratory (LBNL) report, Lessons in Commercial PACE Leadership: The Path from Legislation to Launch, aims to fast track the set-up of C-PACE programs for state and local governments by capturing the lessons learned from leaders. The resource examines the long list of potential program…

This clean energy home loan program has problems. California’s trying to fix them.

“The program, property assessed clean energy (PACE) financing, offers loans to help residential or commercial property owners pay for energy-efficient upgrades, such as solar panels, LED lighting and window insulation. The residential loans are typically around $25,000, and the terms are for up to 20 years. They are automatically paid back through the borrower’s property…

How California’s property assessed clean energy (PACE) model just got stronger

“PACE financing makes it possible for homeowners to upgrade to a more efficient system in these critical moments by allowing them to pay over time through their property taxes, instead of using credit cards to purchase the cheapest model available. More efficient systems are typically more cost-effective in the long run by bringing down utility…

Los Angeles is setting the PACE for the clean energy economy

“California’s homes are being strengthened with clean technology – solar power to generate electricity and efficiency measures to do more with every watt and every drop of water. Decades of work by Los Angeles businesses, local leaders and environmentalists have led to environmental and economic success: California has more solar energy capacity than any state,…

Homeowners: PACE finances green energy upgrades

“A point of pride for the people of California is our state’s leadership in the clean energy economy. Over the past decade, Californians have had access to a great tool that puts homeowners front and center in the fight against climate change. This tool, Property Assessed Clean Energy (PACE), enables homeowners to conveniently finance renewable…
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