Ygrene Energy Fund Senior Vice President Mike Lemyre issued the following statement on the vote taken by the Kern County Board of Supervisors this week regarding PACE programs active in the County
June 15, 2017
“While we appreciate the study of PACE by Supervisors, staff and community members, Ygrene is dismayed by the level of anti-competitive and profit-driven rhetoric from local realtor groups. These exaggerations and inaccuracies have led to the recommendation to repeal PACE programs currently available to Kern County residents. PACE makes energy efficient and water saving upgrades affordable for all property owners who want to improve their homes and commercial buildings. Contrary to claims levied by realtor associations and their allies, PACE programs are regulated at the state and local levels and provide an added level of oversight of contractors over and above the California State Licensing Board (CSLB) – something that other forms of consumer financing do not offer. We urge the members of the Board of Supervisors to reconsider their position and vote to uphold choice for Kern County homeowners to voluntarily access PACE financing in order to make much needed and beneficial upgrades to their most valuable asset – their homes”
- Mike Lemyre, Senior Vice President of Ygrene Energy Fund
About Ygrene Energy Fund
Ygrene Energy Fund is a leading residential and commercial provider of clean energy financing throughout the United States. The award winning, privately funded Ygrene program provides immediately accessible financing with no upfront costs for energy efficiency, renewable energy, water conservation and, in certain areas, hurricane protection, electric vehicle charging stations and seismic upgrades. Ygrene is committed to making it easy for families to invest in their future and a healthier environment. Over the next five years, Ygrene is projected to create tens of thousands of local jobs and invest hundreds of millions into local economies. Learn more at www.ygrene.com.