Would You be Interested in a Residential Clean Energy Financing Program if it was Available?

According to a new study by Pike research 42% of homeowners would be interested in a finance program for a renewable energy system at their residence.

As efforts to curb energy demand turn to the residential sector, enabling homeowners to invest in energy-saving home improvements has become an increasingly hot topic among regulators, activists, and industry players. Property Assessed Clean Energy (PACE) financing programs are one such tool for financing energy efficiency and renewable energy home improvements. Under a PACE financing program, the cost of such home improvements is paid back as part of the homeowner’s annual property taxes via a special assessment on the home. According to a new independent survey from Pike Research, homeowner interest in this concept is strong, with 42% of respondents stating that they would be “extremely” or “very” interested in taking advantage of such a program.

Source: Solar Thermal Magazine