New Reports on Property Assessed Clean Energy (PACE) Show Healthy Residential Market
Despite continued pushback and criticism of the Property Assessed Clean Energy [PACE] program, a new report from DBRS shows the PACE financing program producing positive results. For those that don't know, PACE financing is a program that allows homeowners to pay back the cost of solar or renewable energy upgrades through increased property tax over 30 years, rather than a large, up-front cost. Many have criticized PACE, saying it would be the cause of a financial crisis, however, the DBRS report says otherwise.
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