Tag Archives: alive
PACE: Still Alive?
Property assessed clean energy, or PACE, financing — paying for home solar installations, energy efficiency retrofits and other green improvements through property taxes — was all the rage a few years ago. Then, in 2010, Fannie May, Freddie Mac, and the Federal Housing Finance Agency decided that PACE payback obligations were problematic when combined with [...]
Two Massachusetts programs will keep solar power subsidies alive
Two new programs in Massachusetts will provide subsidies for solar power projects, the state announced this week. TheBay State’s original solar subsidy, the Commonwealth Solar Fund, ranout of money in October due to overwhelming popularity. It wasadministered by the Massachusetts Renewable Energy Trust, which isfunded through a surcharge on residents’ electric bills. The surchargeamounts to [...]