CSAC Bulletin Article

New Draft PACE Regulations Released
Deadline for Comments June 8

April 26, 2018

The Department of Business Oversight (DBO) is seeking comments on a draft of new regulations for Property Assessed Clean Energy (PACE) programs, in anticipation of initiating a formal rule-making action with the Office of Administrative Law later this year. The deadline to submit comments to DBO is June 8. Governor Brown signed AB 1284 (Chapter 475, Statutes 2017) last year granting authority to license PACE program administrators and regulate the PACE industry. Starting January 1, 2019, PACE program administrators must be licensed by the DBO in order do business in California. 

The invitation for comments can be found here.

The website for the PACE Regulation Rulemaking with more information can be found here.

You may submit comments by either of the following means:

Electronically: Email comments to regulations@dbo.ca.gov. Include PRO 02/17 (PACE) in the subject line, and copy Colleen Monahan at colleen.monahan@dbo.ca.gov.

Hardcopy: Mail comments to the Department of Business Oversight, Legal Division Attn: Mark Dyer, Regulations Coordinator 1515 K Street, Suite 200 Sacramento, CA 95814-4052

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