According to Stacey Lawson, CEO of Ygrene Energy, the property accessed clean energy (PACE) financing program is poised for takeoff, and Ygrene is positioned to serve a large part of that market.

In a reversal, the Federal Housing Administration said this week it would approve mortgages on properties with energy improvement assessments through the Property Assessed Clean Energy program, or PACE.

 The federal government has announced new guidelines that will make it easier for the sale and financing of homes with existing property-assessed clean energy (PACE) loans, through the Federal Housing Authority (FHA) and the Veterans’ Administration (VA).   

Ygrene's Louis Lalonde and Mark Colby talk with Frank Andorka about the solar industry and PACE financing.

Slowing growth among the largest residential solar installers is not a sign of weakening consumer demand, developers insisted July 11 at an industry conference in San Francisco.

Rather than signaling a market slump, lower installation levels by companies such as SolarCity Corp. and Sunrun Inc. reflect factors such as the extension of the federal investment tax credit, or ITC, in 2015 and increasing investor focus on profitability.

Since Florida’s Supreme Court upheld the state's Property Assessed Clean Energy (PACE) law against challenges last autumn, applications for the innovative financing have been rising fast, and more local governments are signing up to offer the program in their areas, PACE leaders in Florida say.

Peter Orrell and Mark Colby have joined Santa Rosa-based Ygrene Energy Fund.

Orrell, who has worked for 20-plus years as a consumer finance veteran with American Express, has been appointed executive vice president for business development and products.

After 15 years in the roofing business, I’ve seen countless construction, design trends and sales methods change over time. The one thing that has always stayed the same? That first discussion with the customer around the kitchen table, looking at the scope of the job and then getting right down to finances.