27 Apr '17, 4pm

MT @ACEEEdc: New blog post: New bill would treat PACE like a mortgage and take away consumer choice.

Residential Property Assessed Clean Energy (PACE) programs have been an unqualified success story for consumers’ pocketbooks and the economy, helping to finance almost $4 billion in clean energy upgrades and create tens of thousands of jobs . Despite this success, some in Congress are advancing a bill that would undercut the future of these programs. In early April, Senator Tom Cotton (R-AR) introduced legislation that aims to increase consumer protection for homeowners using PACE financing to upgrade their homes. ACEEE applauds Senator Cotton for his attempts to ensure that vulnerable consumers, particularly seniors , have the information they need to decide whether to use PACE financing. We appreciate the good intentions behind S. 838 . Unfortunately, instead of helping consumers make more informed choices, the bill could leave consumers unable to make any choice at all....

Full article: http://aceee.org/blog/2017/04/new-bill-would-treat-pace-m...

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