Energy efficiency with the use of solar is what the property-assessed clean energy (PACE) financing program is allowing homeowners to acquire as of December 16, 2013. Beginning with two Palm Springs residences, an additional seven approved projects and 30 more to be considered, PACE intends to give upfront financing to homeowners. With a return in costs and the opportunity to go green, more households are predicted to take advantage of the program.
"It's fabulous. The tax savings are going to be incredible, and they're going to add value to the house," said Mary Henry of Rancho Mirage.