A bipartisan local government initiative that would allow property owners to finance energy efficiency and renewable energy projects for their homes and commercial buildings through an assessment on their property taxes for up to 20 years. PACE financing spreads the cost of energy improvements such as weather sealing, insulation, energy efficient boilers and cooling systems, new windows, and solar installations over the expected life of the measures and allows for the repayment obligation to transfer automatically to the next property owner if the property is sold.
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Energy EfficiencyGreen Building
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