PACE

PACE Shows Signs of Life

 Communities and homeowners have more reason to be optimistic about solar financing.

Are Property Assessed Clean Energy (PACE) programs the ultimate way to pay for a solar energy system?

There has been quite a bit of press lately about Property Assessed Clean Energy (PACE) programs for solar energy installations.  For those who do not have equity in their homes and therefore can not get a "secured" loan, a PACE loan is often a better way to go than an unsecured loan.  PACE loans are at around 9% interest vs up to 10% to 12%, if not higher, for unsecured loans. 

Informative?