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Local Level – Remodeling

Most experts and program managers agree that financing is necessary to encourage homeowners to participate in weatherization programs and meet the goal of reduced energy consumption.

Organizers working with local governments to set up programs that provide homeowners with loans for energy-efficient improvements are choosing a variety of formats. Some are considering low-interest loans; some are using PACE (Property-Assessed Clean Energy) financing, where homeowners pay back the loan through their property taxes; others are opting to use the PAYS (Pay As You Save) system where homeowners pay loan installments through utility bills.

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Contractors, Energy, Financial

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