Last week, two events gave notice that rumors of the death of PACE financing, one of the most promising policies available to fund energy retrofits, have been greatly exaggerated.
On January 20, a federal district court in California ordered the Federal Housing Finance Agency (FHFA) to initiate a “full-blown” rulemaking process on PACE financing. Yesterday, the notice of the proposed rulemaking was published in the Federal Register. The week before, on January 19, San Diego-based Figtree Energy Resource Company announced a deal involving a first-of-its-kind, multi-city commercial PACE bond.
via Powerful Solar Financing Program For Homeowners Gets Reprieve – Forbes.
Categories: Electricity, Energy, Finance