Posts Tagged: homeowners

Homeowners: PACE finances green energy upgrades

A California home with solar panels installed on the roof. (Photo: orachonphoto, via Shutterstock)

by NANCY SKINNER posted 10.11.2017

OPINION: A point of pride for the people of California is our state’s leadership in the clean energy economy. Over the past decade, Californians have had access to a great tool that puts homeowners front and center in the fight against climate change. This tool, Property Assessed Clean Energy (PACE), enables homeowners to conveniently finance renewable energy, energy and water efficiency, and earthquake safety upgrades to their homes.

California shakes, but many go without quake insurance

Richard M. Allen, director of the Berkeley Seismological Laboratory, points out the American Canyon Quake. (AP Photo/Alex Menendez)

by JOHN HOWARD posted 08.30.2014

California is known as much for earthquakes as it is Hollywood or surfers, but relatively few homeowners have bothered to buy earthquake insurance. A little better than one in every 10 residential properties is covered throughout California. In Napa, where Sunday’s 6.0 magnitude quake caused an estimated $1 billion in damage, the coverage level is even lower than that – perhaps 5 percent, according to the California Earthquake Authority