Showing posts with label PACE law. Show all posts
Showing posts with label PACE law. Show all posts

December 21, 2014

Michigan Lawmakers Advance PACE-like Loans for Homeowners

There’s at least one bipartisan piece of legislation moving through Michigan’s lame-duck session: A streamlined loan program for residential customers looking to install renewable energy or efficiency systems on their property.

The Municipal Utility Residential Clean Energy Program Act is modeled after the state’s Property Assessed Clean Energy financing law of 2010, bringing to homeowners a similar loan program that until now has only been available to commercial and industrial property owners.