A September 2010 article stated that all AB 811 / PACE programs have been placed on hold as members of congress attempt to resolve some issues. A 2010 summer article claimed AB 811 / PACE received mixed feelings. Because of this, only a few thousands California residents used the programs.
With the passage of Assembly Bill 811 in California in 2008, all of the cities and counties of the state are equipped to offer low-interest loans for energy-efficiency projects, such as the installation of solar panels in private households. The loan is to be paid off over a period of 20-30 years, or earlier if the borrower wishes and is able to pay at such time. Despite the appeal of the program, as of July 2010, only a few thousand individuals had utilized the funding made available by the bill. The good news is that the Energy Department plans on allocating some of the $150 million in stimulus funds toward promoting the program.
Click here to cancel reply.
Sorry,At this time user registration is disabled. We will open registration soon!
Don't have an account? Click Here to Signup
© Copyright GreenAnswers.com LLC