The PACE Act would allow energy-saving improvements to be paid over the long term.

The article focuses on the Property Assessed Clean Energy (PACE) Protection Act introduced by U.S. Representatives Nan Hayworth, Mike Thompson, and Dan Lungren. It says that the property owners are allowed by the PACE to incorporate energy-saving retrofits on residential and business spaces by financing them through special assessment districts. Moreover, the PACE is increasing the value of a home or business property and builders which are constructing new houses.