PACE is proving to be the most effective way to pay for energy improvements for homes. PACE is saving money for homeowners, creating jobs, and helping local governments achieve important environmental goals. PACE provides 100% of the funds you need to purchase efficient equipment such as water heaters, insulated windows and doors, efficient roofing, solar panels, and more. There have also been some concerns expressed about the program from homeowners who feel they were getting the short end of the stick when it came to being informed about exactly what PACE offers and how it affects them as the homeowner.
PACE does list its Consumer Protection Policies Version 2 (CPP V2). They “developed these policies to provide stronger protections for homeowners than any other type of clean energy financing. They address a homeowner’s eligibility for financing and ability to repay, comprehensive financial disclosures, appropriate contractor conduct, acceptable products and projects (with pricing guidelines), post-funding support, treatment of protected classes, grievance procedures, data security, and privacy matters.”
You can click the link below to see more information.
Be careful who you work with…
Without going in-depth into their policies it’s important to know PACE works with a few financing companies for the funding and then partners with contractors to get the work done. WHO you choose to work with can make all the difference between getting what you expected and a reality check. There have been nightmare stories of homeowners feeling trapped and deceived alongside being strong-armed or duped by the contractor into getting work done.
- “People across America are pitched what seems like a win-win: make your house more climate-friendly for little or no money down. Advocates say it’s a nightmare.”
- “It’s like walking into a car dealership and the dealer knows how much money is in your pocket.”
Check the article below for some of these scenarios.
Yrgene and CAT Exteriors
Now, This is where Ygrene and CAT Exteriors show their strength. When Clean PACE Announced its First Certified Partner, Ygrene Energy Fund, Inc it gave the program and homeowners a new level of support.
“Ygrene provides a consumer protection feature unique to the typical PACE financing process. Applicants receive a telephonic welcome call from Ygrene confirming financing terms, reinforcing key disclosures and explaining the payment and tax implications before work begins. During the call, property owners are provided with an opportunity to cancel financing if their expectations are not met.” – Jeff Jones, Chairman of the Clean PACE Board of Directors
Ygrene’s PACE model won the industry’s first AAA-rating for the new asset class. Through a campaign centered on consumer and investor education, Ygrene has been able to garner attention for PACE financing from top-tier publications such as Wall Street Journal and Bloomberg, as well as political support from President Obama and other leading representatives on both sides of the aisle. Ygrene was able to insert itself into ongoing dialogue in the solar and construction industry with byline placements.
All Ygrene authorized roofing contractors are licensed, insured, pre-screened and have been in the roofing business for at least a year or more. Quality installers offer workmanship and equipment warranties and are transparent about when and how they use subcontractors. Be sure to ask your contractor to explain what is covered by workmanship and equipment warranties before starting your roofing project.”
If you live in the Southern California area, you want to consider CAT Exteriors…
Ygrene can offer the financial support you are looking for just keep in mind, you want select a company that responsibly puts the homeowner into the right type of financing…choose a company that has many financing options, such as CAT Exteriors. Here is our mission…
“It is our mission at CAT Exteriors to provide you with excellent products and customer service throughout your entire home improvement experience. Customer Satisfaction is our #1 Goal at CAT Exteriors. We have an A+ rating with the Better Business Bureau and 5-Star overall online rating on all review sites including Yelp, Google and Facebook. We are committed to being California’s most reliable and trusted Home Improvement Contractor. When you want it done right, we make it easy!”
CAT Exteriors partners with Ygrene to keep your experience the best it possibly can be from start to finish. If you are looking to reduce your bills, upgrade your home and make use of the PACE benefits such as the 100% financing options for your Windows, Roofing, Vinyl Siding, Soffit & Fascia, HVAC, or Patio Covers, then CAT Exteriors is the choice to make!
Contact CAT Exteriors today to see how you can get the support you deserve and the home improvements you need all while reducing the cost of your bills.