Property Assessed Clean Energy (PACE) State Legislation Could Make Clean Energy Affordable
posted at 5/25/2010 10:56 AM EDT
Call for the Environment and Jobs
Do you want to install solar, geothermal or other clean energy at your
property for no upfront costs? What if loan payments for these
installations could be equal to or less than your current utility or
fuel bills? If yes, then I recommend contacting state lawmakers and
urging them to include PACE
(Property Assessed Clean Energy) in the
final version of a bill titled An Act Relative to Municipal Relief.
PACE allows property owners to obtain low-interest, long-term loans
for up to 20 years from municipalities, and is available in several
other states. State enabling legislation is necessary for
municipalities to offer such loans as betterment, and is currently
being considered by our state senators
and representatives. A quick
internet search will reveal more benefits and details about PACE than
can be included in a letter to the editor.
The Massachusetts House version of An Act Relative to Municipal Relief
included PACE until it was removed by the House Ways and Means
Committee last month. The state's Senate version of this bill still
includes PACE after making its way through committee.
A Conference Committee
consisting of members from each legislative
will soon merge both current versions (House Bill 4631 and
Senate Bill 2424) and decide if PACE will be included in the final
Support PACE in an effort to protect our environment and create jobs.
Contact state lawmakers urging them to vote "yes", and to include PACE
in the final version of An Act Relative to Municipal Relief.
Find your State Senator
or Representative: http://www.mass.gov/legis/city_town.htm
Another state, Missouri, gets PACE: http://www.jdsupra.com/post/documentViewer.aspx?fid=1736efcd-708a-4ba
... White House
PACE Framework: http://www.whitehouse.gov/assets/documents/PACE_Principles.pdf
PACE Info: http://www.pacenow.org/
Mass. House Bill Text:http://www.mass.gov/legis/hbillsrch.htm