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Posted on: April 12, 2017

Council Approves Participation in Property Assessed Clean Energy (PACE) Financing Programs

PACE has financing programs established by the California Home Finance Authority (CHF) for property owners who wish to finance such projects as renewable energy generation and water conservation. Ygrene Energy Fund serves as program administrator.

Only property owners who voluntary choose to participate in the program will be subject to assessments or special taxes depending on which program CHF decides to implement.  The program financing provides an affordable method for many property owners to reduce energy costs and improve properties, for projects such as solar energy.
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