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New bill would treat PACE like a mortgage and take away consumer choice

New bill would treat PACE like a mortgage and take away consumer choice

The Chief Economist for the American Council for an Energy-Efficient Economy, Jim Barrett, states that PACE programs have been “an unqualified success” and argues that new federal legislation would effectively take PACE away from millions of consumers.

Barrett clearly and thoroughly shows how legislation proposed to increase PACE consumer protections would actually make it impossible for state and local governments to offer PACE programs to their residents.

Read the full ACEEE article on the unintended consequences of the proposed legislation as well as some common-sense ideas to provide consumer protections without crippling PACE.