PACE Financing - Everyone Wins!
PACE - Property Assessed Clean Energy financing for home weatherization is like a magic trick. It's one of those situations where everyone wins, as far as I can tell. Is there any downside to this? Any hidden gotchas I'm not seeing?
The only real downside I can see if that it doesn't do anything for renters. I mean, you could try to negotiate with the landlord and try to convince them to take on the increased property tax and recoup it in increased rent, which you can afford becuase your energy costs are lower; but the annual energy cost isn't generally a big selling point for renters. Maybe it should be or could be, but that's an extra layer of risk for the property owner.
I'm really happy to see this program spread. I read about it a year ago when it started in Berkeley, Calif.
( More info on PACE... )
The only real downside I can see if that it doesn't do anything for renters. I mean, you could try to negotiate with the landlord and try to convince them to take on the increased property tax and recoup it in increased rent, which you can afford becuase your energy costs are lower; but the annual energy cost isn't generally a big selling point for renters. Maybe it should be or could be, but that's an extra layer of risk for the property owner.
I'm really happy to see this program spread. I read about it a year ago when it started in Berkeley, Calif.
( More info on PACE... )
excited
frustrated
awake
contemplative