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: 66

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

Latest Activity

David Byrnes's blog post was featured

Strategies for Hiring and Interviewing for Home Performance Professionals

Hire slow and fire fast.  It’s a phrase that experienced managers and human resources professionals…See More
1 hour ago
Diane Chojnowski replied to David Butler's discussion Beginners Guide: Managing Subscriptions on Home Energy Pros
"Thanks for your comprehensive guide, David! There is an RSS feed you can subscribe to at the…"
1 hour ago
Dara Bowser replied to Don Fugler's discussion joining ducts in the group HVAC
"Good to hear you have clean dryer ducts Don. The dryer duct issues that we run into are…"
17 hours ago
Don Fugler replied to Don Fugler's discussion joining ducts in the group HVAC
"David, If the IMC mandates metal dryer duct and prohibits metal screws, they must be accepting…"
18 hours ago
David Butler replied to Don Fugler's discussion joining ducts in the group HVAC
"I never checked that before. Checking now... Section M1502.4.2 of the International Residential…"
19 hours ago
Joseph Frasier is now a member of Home Energy Pros Forum
19 hours ago
Don Fugler replied to Don Fugler's discussion joining ducts in the group HVAC
"Brendan, Thanks for that response. Because of your warning, I just went down to the basement and…"
22 hours ago
Brendan Reid replied to Don Fugler's discussion joining ducts in the group HVAC
"Hi Don, Summary: DRYER VENT: screws bad idea, possibly prohibited by code. METAL DUCT: must be…"
23 hours ago

Photos

  • Add Photos
  • View All

© 2017   Created by Home Performance Coalition (HPC)   Powered by

Badges  |  Report an Issue  |  Terms of Service