In "Texas Eyes PACE Loans to Boost Energy Efficiency" written by Jim Malewitz, he brings up the concern with Texas having the reputation of everything being bigger which also comes with the concern with Texas being nation's leading energy producer. With that being stated, it makes sense for us to be active in conserving energy.
PACE (Property Assessed Clean Energy) helps with industrial and commercial property finance energy conserving installations like for example, solar panels. Sounds like a good thing but the downfall of this is, "PACE programs bill an owner through the lien and forward payments to a private lender." If the owner was to move, then the new owner would then inherit the debt.
Seems like it could be worth it in the long run but does not seem fair if the debt was going to be passed on.
http://www.texastribune.org/2013/09/20/texas-eyes-pace-financing-boost-energy-efficiency/
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