At its February 2011 Winter Committee Meetings in Washington, D.C., the Board of Directors of NARUC issued a strongly worded Resolution supporting PACE and calling on the FHFA to “rescind or substantially amend [its] policies and guidelines that substantially impede the viability of PACE programs”.

Founded in 1889, the National Association of Regulatory Utility Commissioners (NARUC) is a non-profit organization dedicated to representing the State public service commissions who regulate the utilities that provide essential services such as energy, telecommunications, water, and transportation.

NARUC’s members include all fifty States, the District of Columbia, Puerto Rico, and the Virgin Islands. Most State commissioners are appointed to their positions by their Governor or Legislature, while commissioners in 13 States are elected.

In a survey of homeowners conducted by Pike Research, 42% said they would be “extremely” or “very” interested in using PACE for energy efficiency and renewable energy projects.  Only about a quarter of those surveyed said they had no interest, with the remainder undecided.  Of those not interested, 30% of the respondents said they really didn’t understand PACE and 19% reported their home was already energy efficient.  The full report can be accessed here…..accessed here.

In a February 8, 2011 ruling, the United States Judicial Panel on MultiDistrict Litigation denied the FHFA’s request to consolidate actions brought against it in California, New York, and Florida.   To see the ruling,……download here

In a strongly worded letter to Congress, the National League of Cities and National Association of Counties have called for Federal legislation to restore PACE residential programs.  Citing the continued job crisis facing local municipalities throughout the Country, NLC and NACO rebuke the FHFA for characterizing valid PACE assessments as loans……

Johnson Controls Issue Brief on Commercial PACE – Unlocking the Building Retrofit Market