Comments on: County Wraps Up 2013 with PACE Initiative http://annarborchronicle.com/2013/12/17/county-wraps-up-2013-with-pace-initiative/?utm_source=rss&utm_medium=rss&utm_campaign=county-wraps-up-2013-with-pace-initiative it's like being there Tue, 16 Sep 2014 04:56:38 +0000 hourly 1 http://wordpress.org/?v=3.5.2 By: Vivienne Armentrout http://annarborchronicle.com/2013/12/17/county-wraps-up-2013-with-pace-initiative/comment-page-1/#comment-287418 Vivienne Armentrout Wed, 18 Dec 2013 19:53:21 +0000 http://annarborchronicle.com/?p=126429#comment-287418 You do mention in the second paragraph that this PACE program is for commercial property owners. However, those like me who read (on first pass) quickly might miss the fact that this does not apply to homeowners. As originally conceived, this program could have been used by homeowner to amortize the cost of energy-saving improvements, but that use was disallowed. I think the problem was the lifetime of the lien as discussed in the article. Hard to imagine how that would have worked with the wave of foreclosures we’ve seen.

BTW, a similar problem may be on the horizon for the idea of “community solar” (see Chronicle report [link]) in which a group of homeowners buy shares in an energy producer. Transferability to future owners of the affected dwelling could be problematic.

]]> By: Alan Goldsmith http://annarborchronicle.com/2013/12/17/county-wraps-up-2013-with-pace-initiative/comment-page-1/#comment-287409 Alan Goldsmith Wed, 18 Dec 2013 18:34:26 +0000 http://annarborchronicle.com/?p=126429#comment-287409 “Washtenaw County could go through that same RFP process, he added, but he didn’t think there was anyone else who would respond.”

Uh huh. I know Bob Ficano has been ‘mentoring’ Mr. Smith but why don’t we just slow this speeding train down a bit, not follow the Wayne County process for no bid contracts and follow an open and transparent RFP process on this? I frankly don’t care if the guy is a Harvard grad and slumming by taking this on. Rushing into this is wrong for about a thousand different reasons.

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