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Homeowners, beware of picking up PACE

from The Press Enterprise

It sounds like the ideal government program: helping homeowners and saving the planet. But, again, the devil is in the details, in this case, of an energy-conservation program called Property Assessment Clean Energy. According to the U.S. Department of Energy’s website, PACE “is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property.” It is usually operated by local governments. more

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