The House on Monday passed a bill that would establish consumer protections for a residential home energy-improvement program, Property Assessed Clean Energy.
HF3688/SF3245*, sponsored by Rep. Tim O'Driscoll (R-Sartell) and Sen. Eric Pratt (R-Prior Lake), would add a number of layers and guards for PACE administrators and licensees determined to make homes more energy efficient.
Following the 123-0 vote, the bill goes to the governor. It was passed 65-1 by the Senate last Monday.
O’Driscoll said the bill creates “more disclosures for consumers” to explain to homeowners “how this program works.”
PACE is a financing mechanism allowing local governments to extend financing for various energy-related projects on private property, usually focused on reducing greenhouse gas emissions through energy conservation or use of renewable energy. A task force established by law last session recommended changes included in the bill.
Among many technical and clarifying changes, the bill would also: