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

Latest Activity

Profile IconArmstrong SMith, Eric Buchalter, Liza Gonzalez and 3 more joined Home Energy Pros
yesterday
Eric Kjelshus replied to Kim Tanner's discussion Origin of guarded blower door testing
"That same house that meet highest sealing rate in early 1980 we went back and super sealed it and…"
Thursday
Jill Cliburn posted an event
Thumbnail

National Solar Conference and NZE Decathlon at University of Colorado

October 9, 2017 at 6pm to October 12, 2017 at 7pm
Thursday
tedkidd replied to Kim Tanner's discussion Origin of guarded blower door testing
"Brendan, Eric, great stuff!"
Thursday

Photos

Loading…
  • Add Photos
  • View All

© 2017   Created by Lawrence Berkeley National Laboratory.   Powered by

Badges  |  Report an Issue  |  Terms of Service