Items Tagged with 'Solar Panel'

ARTICLES

  • Tesla begins production on solar roof panels

    Solar panels will resemble traditional roof tiles
    Last year, Tesla announced its intention to revolutionize the acquisition, storage, and use of solar energy with its own version of solar panels. Unlike traditional solar panels, which are placed on top of a home’s existing roof, Tesla’s solar panels are used to form a solar roof. And now, Tesla’s solar roof is in production.
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  • Housing industry applauds FHA move to stop insuring mortgages with PACE loans

    Largest industry trade groups support Trump administration decision
    On Thursday, the Trump administration reversed the Obama administration’s decision on PACE loans and said that FHA will stop insuring mortgages on homes that also carry PACE liens. Unsurprisingly, some of the same housing groups that asked for a change to the PACE rules last year are in favor of the Trump administration’s decision.
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  • FHA to stop insuring mortgages with PACE loans

    Trump administration reverses Obama policy
    Last year, the Obama administration announced that the Federal Housing Administration would begin insuring mortgages that also carry liens created by the PACE program. But that was last year. Things are much different now. In a stark reversal, FHA announced Thursday that it will no longer insure mortgages with PACE liens.
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  • FBI, SEC reportedly looking into PACE lender Renovate America

    WSJ reports on inquiries, company responds
    In a lengthy release published in response to the WSJ article, Renovate America confirmed that the company has spoken to both the FBI and SEC about the the company’s business, but the company said that it had been repeatedly assured by federal law enforcement authorities that it is not the subject or target of any investigation.  
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  • SolarCity agrees to pay $29.5 million to settle allegations of lying to government

    Issue stems from government paying for solar panel installations
    SolarCity, the solar energy company that was acquired by Tesla last year, will pay $29.5 million as part of a settlement with the government, which accused the company of lying to the government about the costs of solar energy systems. While that’s the way the Department of Justice framed the settlement, SolarCity tells a different story.
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  • Tesla takes next step in solar energy revolution, unveils new solar panels

    Already plans production of solar roof
    Tesla, which got into the solar energy business last year with the acquisition of SolarCity, is taking the next step in its plan to revolutionize the acquisition, storage, and use of solar energy with the introduction of its own version of solar panels. What does it mean for the solar energy business? And what does it mean for the mortgage business?
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  • PACE industry responds to Congressional efforts to change program's rules

    "Observers should look beyond the inflammatory rhetoric"
    Earlier this week, a group of senators and representatives introduced bills in both houses of Congress that would change the rules for loans created by the Property Assessed Clean Energy program. When introducing, some of the bill’s sponsors said the PACE program is a “scam” and the industry is bereft with “predatory” lenders that “trick” unwitting homeowners. The PACE industry unsurprisingly disagrees with those allegations.
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  • Congress takes on "predatory" PACE loans

    Bills introduced to change rules for energy improvement loans
    The rules surrounding energy retrofit loans, the Property Assessed Clean Energy program, which engendered a great deal of divisiveness over the last few years, could be about to change, as both houses of Congress are set to consider changes to the rule. And what's the name of the act meant to challenge PACE loans? Well, that's called PACE too. Click for the full explanation.
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  • Brookings Institution: For the most part, solar energy is worth it

    Location plays a key role
    The demand for solar energy is surging. But not everyone is on board with the idea, especially the companies involved. The root of the problem comes down to issues for utilities and the public utilities commissions that regulate them. While the debate was enough to ruin sales in Nevada, these studies disagree.
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