“A program enabling homeowners to finance energy efficiency and storm hardening improvements through assessments on their tax bills is ripe for abuse by predatory contractors, several consumer watchdog organizations are warning.
Several programs have been rolling out in South Florida over the past two years offering the ability to finance major improvements for up to 20 years with no money down and no credit checks. Eligible improvements include new air conditioning units, new roofs and insulation, solar panels, solar pool heating, low-flow plumbing units, impact windows, hurricane strapping, awnings and more.
But in a recent news release, the Boston-based National Consumer Law Center called for new enforceable measures to protect homeowners who finance energy efficiency and storm-hardening improvements through the Property Assessed Clean Energy program, known as PACE. Warnings in the release were also attributed to Consumer Federation of America, Americans for Financial Reform, Bet Tzedek Legal Services, Public Law Center, and Elder Law & Advocacy.”
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Hurtibise. Sun Sentinel 2 December 2016.