Rafael Reyes on Tuesday, 17 July 2012 05:56
New Moves on PACE: Sacramento and Ygrene Try to Unlock Green Homes
The City of Sacramento is working on a new version of PACE (Property Assessed Clean Energy) financing to overcome regulatory roadblocks and unlock the residential market. Last month, it announced its Clean Energy Sacramento program was expanding PACE to both commercial and residential construction, with a goal of driving $100 million in investment in rooftop solar, efficiency upgrades and other green projects. Sacramento is working with Sonoma-based Ygrene Energy Fund to administer the program, and billionaire Richard Branson’s Carbon War Room organization which helps fund the project.