The Property Assessed Clean Energy (PACE) program gives cities and towns a role in making renewable energy and energy efficiency projects more affordable to Vermonters.
By passing PACE, your municipality agrees to let homeowners pay back investments on energy renovations to their homes over time through a separate assessment on their property tax bill. So if your town adopts PACE, and you want to make your home more efficient or install solar panels (for example), you’ll be able to pay for them by putting a little extra every month on your property tax bill, rather than going through the hassle of getting a personal or home equity loan. In many cases, your energy savings every month will more than cover your monthly payment. What’s more, if you ever sell your home, the cost of the energy upgrades stay with the house, so you can’t get stuck paying for someone else’s savings.
PACE is a great way to jump start renewable energy and efficiency projects across the state, but the program only works if communities adopt the program. See the list of communities voting on PACE on Tuesday, March 6, 2012 below.
Click here for resources to promote PACE in your town:
PACE Handout for Town Meeting
Find many more resources online at an interactive website set up by PACE administrator’s at Vermont Energy Investment Corporation (VEIC).
PACE is on the March 6, 2012 ballot in the communities listed below and we encourage you to vote YES!