The legislation would centralize oversight of residential PACE programs with the state’s Division of Finance.
A financing tool for clean energy investments is seeing major growth in Michigan this year, and supporters say it’s a sign of more projects to come.
Lincoln, Nebraska, is expected to follow Omaha in establishing a PACE program under the state’s 2015 law.
Pennsylvania Gov. Tom Wolf is planning to sign a new, bipartisan bill aimed at helping commercial and industrial property owners finance upgrades for energy efficiency, water conservation, and renewable energy systems.
A bill allowing local governments to offer residential PACE programs in Minnesota has gained bipartisan support, but companies the provide the lending service in other states are not excited.