The readers’ forum

No takers for clean energy option


The recession was over four years ago, yet Florida’s economy falters. However, opportunity awaits. Property owners have an attractive financing vehicle for energy efficiency and wind mitigation upgrades for homes or commercial properties. Financing is immediately available, repaid through payments of annual property assessments.

Florida PACE (Property-Assessed Clean Energy) Funding Agency offers this economic recovery. Through this program, qualified contractors work, making qualified improvements for property owners. This solution is open to any county that invites the agency into a voluntary subscription agreement.

Florida PACE Funding Agency will expand use of renewable energy, reduce energy costs and make structures stronger through wind mitigating improvements at no expense to counties.

Since the agency is a government entity, authorized by statute, counties can enter into agreements immediately, shielding counties from the liability and administrative burdens for running their own programs. The public receives transparent accountability, as the agency is subject to Florida’s Sunshine laws.

The economic benefits begin immediately. Florida PACE Funding Agency secured $500 million funding for improvements, with approval to capitalize up to $2 billion. Neither tax dollars nor federal revenue, funding is available through private capital. Furthermore, private capital means the agency’s program does not encumber the county bonding capacity.

A comparison between the Florida PACE Funding Agency and two private companies purporting to do the same thing makes it clear there is no comparison. But why it is taking so long for counties to embrace FPFA and move forward reaping the economic benefits? The PACE program means lower utility and property insurance bills for residential and commercial property owners and money flowing into Florida’s economies and creating jobs.

Florida PACE Funding Agency is a stable, consistent solution; it’s the only program expressly created by local governments to help Florida. The only question is what are we waiting for?

Ed Dion, CEO, Dion Builders, Tallahassee

Read more Letters to the Editor stories from the Miami Herald

Natalie Altman

    The readers’ forum

    Aging gracefully? No way!

    I want to comment on Ms. Gina Barreca’s July 19 Other Views column on aging. She’s writing from the perspective of a 57-year-old woman; I’m 75. My perspective is living the process:

  • Keep Beckham

    What are mayors of Miami and Miami-Dade doing while Broward Mayor Barbara Sharief is getting a list of possible homes for the Beckham Group’s soccer franchise from all of that county’s 31 cities? After getting the thumbs-down on at least two port and downtown Miami possible venues, it would appear that wise government leaders in Broward are going into full-court press mode to lure the MLS star to make that county his home. It is time for the powers that be in both Miami and Miami-Dade to understand they don’t have a lock on this valuable sports venture. There’s still time left to take the Beckham Group more seriously.

  • Miami Shores vote

    Miami Shores residents Clark Reynolds and Dennis Leyva said in their July 24 letter to the editor that it took courage for Councilwoman Ivonne Ledesma and me to vote for a nonbinding resolution supporting marriage equality in Florida. While I appreciate the compliment, in 2008 when our state approved a constitutional amendment prohibiting gay folks from marrying, Miami Shores voters said “no” to this nonsense when 62 percent of our voters voted for marriage equality. Mayor Herta Holly, Councilmen Jim McCoy and Hunt Davis are the ones who should be singled out for voting against the interests of our wonderful village.

Miami Herald

Join the

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category