An Act relative to establishing a residential PACE program to provide long-term financing for home energy system improvements

This bill directs the Massachusetts Department of Energy Resources to create a new financing program for homeowners to upgrade their home energy systems. The program would allow residential property owners to access long-term funding for energy efficiency and renewable energy improvements, such as solar panels or insulation. It authorizes the department to work with existing agencies like the Massachusetts Clean Energy Center to design and run this initiative. By establishing these regulations, the bill aims to make it easier for residents to invest in sustainable energy upgrades through a dedicated financing mechanism.