Calling For A Property Assessed Clean Energy (PACE) Program in BC
Roy L Hales/Cortes Currents - In 2008, the city of Berkely had a problem. They wanted to hasten the adoption of solar technology, but the $20,000 to $30,000 bill was too steep for a lot of homeowners. Cisco DeVries, the Mayor’s Chief of Staff, came up with what Scientific American would later call one of the top 20 “world-changing” ideas of the year. The capital would come from private investors, but homeowners could finance energy upgrades through their property taxes. Since then, Property Assessed Clean Energy (PACE) programs have provided more than $13 billion for solar installations and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.