Rocklin Council Authorizes PACE Financing Option After Safety and Consumer-Protection Debate
After questions about consumer protection, the Rocklin City Council voted to authorize participation in the PACE (Property Assessed Clean Energy) financing program, with councilmembers urging monitoring and DFPI involvement to guard against predatory practices.
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The Rocklin City Council voted May 13 to authorize participation in the Property Assessed Clean Energy (PACE) program, a financing tool that places an assessment on property tax bills to fund energy, water‑conservation and fire‑hardening improvements. Assistant City Manager Andrew Keyes told the council, "PACE stands for Property Assessed clean energy," and explained the assessment is repaid via the property tax bill with two payments per year.
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