PACE Programs Offer Benefits, Dangers

Property Assessed Clean Energy (PACE) programs provide financing for energy-related home improvement projects such as solar panels or energy-efficient windows. PACE programs allow local governments to provide financing to property owners for these projects, and homeowners repay the amount borrowed, over a period of years, through an assessment added to their property tax bill.
PACE programs allow homeowners to make their homes more energy-efficient and save money on their utility bills. While th