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Bakersfield votes to end controversial program that funds home solar panels

Bakersfield votes to end controversial program that funds home solar panels

As home improvement projects to increase energy efficiency have exploded in California, so has the controversy over a property tax-based financing program that’s helped spur the growth.

So-called PACE loans — which pay for solar panels, efficient appliances and other improvements — have been blamed by real estate agents for gumming up home sales, while some consumers have accused contractors of misrepresenting the financing and saddling them with loans they don’t understand and can’t afford.

Now, amid concerns that have prompted proposed reforms in Sacramento, some municipalities are taking a second look at their participation in the program.

On Wednesday, the City...

EDITION: California | U.S. & World
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