New York Launches Renewable Energy Assessment program
Similar to California’s AB 811 program, New York has just launched it’s own version:
“The legislation will empower communities to launch Property Assessed Clean Energy (PACE) loan programs, allowing them to leverage federal funds and provide loans to commercial and residential property owners. Property owners could then opt into these programs, finance energy efficiency retrofits and renewable energy systems and reap an immediate savings on their energy costs. They will be able to repay their loans via an annual charge on their property tax bill.”
Full Article - http://thegovmonitor.com/world_news/united_states/new-york-to-launch-pace-loan-programs-for-property-owners-16221.html
