Since 2009, more than 100,000 homeowners have made energy efficiency and renewable energy improvements to their homes through residential Property Assessed Clean Energy (R-PACE) programs.

BPI provided extensive comments to the U.S. Department of Energy during the open comment period regarding the need for a trained and certified workforce, strong consumer protections, companies who commit to following quality standards in installation, and the inclusion of health and safety upgrades as qualified measures. Check out this outline of updates and strategies for communities to use in designing their R-PACE programs: http://bit.ly/2lrQkSb.

Tags: bpi, financing, pace

Views: 53

Replies to This Discussion

Good. Guess they see the existential threat PACE poses. This seems like attempting to regulate pickpocketing. Sad to spend so much energy on a bad financing program instead of just creating a good one. 

Further reading about PACE:

http://bit.ly/PaceWSJ - Wall St Journal

http://bit.ly/pacesucksMBA

http://bit.ly/PACEsucks

IMO, PACE is good for contractors and banker but NOT good for consumers. Rates and fees are very high relative to other forms of secured financing. This represents REAL money going to financing cost instead of improvement capital cost.

Complex financial instruments being sold to unsophisticated consumers is dangerous in ways clearly recognized (2008 crisis) and unrecognized (theft of equity that doesn't present symptoms for years) makes me very very uncomfortable. 

RSS

Discussion Forum

BPI is Hiring!

Started by Quinn Korzeniecki. Last reply by Diane Chojnowski Jun 29. 1 Reply

Earn 2 BPI CEUs by Blogging for BPI

Started by Quinn Korzeniecki Jun 19. 0 Replies

Groups

Latest Activity

Alfie Davis posted a blog post
6 hours ago
Profile IconSam Compton, Cameron Home Insulation, Seth Shoneman and 2 more joined Home Energy Pros
22 hours ago
Home Energy Magazine's blog post was featured
yesterday
Eric Kjelshus replied to Gregory Cisco's discussion Abandoning under-slab HVAC ductwork which fills with groundwater seasonally.
"In Kansas City a lot of "cardboard" for supply was used in slab on grade.  1950-1970…"
Friday
Richard L. Rue replied to Sonja Persram's discussion Energy Savings Guarantee for single family dwellings in cold climate??
"Try EnergyWise Structures (www.energywisestructures.com) They are a NASA spin-off company that has…"
Friday
Debra Little commented on Home Energy Magazine's blog post NREL Research Finds That 22% of New Homes Completed in the U.S. in 2016 Were HERS Rated
"The avg scores are interesting. Are there comparative numbers for previous years? I thought they…"
Friday
Home Energy Magazine posted a blog post
Friday
Robert Zockoff replied to Gregory Cisco's discussion Abandoning under-slab HVAC ductwork which fills with groundwater seasonally.
"Public water systems regularly "reline" the interior of existing 50 year old water mains…"
Friday

Photos

Loading…
  • Add Photos
  • View All

© 2017   Created by Lawrence Berkeley National Laboratory.   Powered by

Badges  |  Report an Issue  |  Terms of Service