Sacramento, State Capitol – Senate Bill 242 authored by State Senator Nancy Skinner (D-Berkeley) to strengthen consumer protections for California’s Property Assessed Clean Energy (PACE) financing program passed the State Senate today and is now on its way to the Governor’s desk.
“California is the national leader in PACE financing,” stated Senator Skinner, “SB 242 adds consumer safeguards so homeowners can continue to enjoy a convenient tool to finance energy, water and earthquake safety upgrades to their homes and properties.”