The commissioner who is championing the pullout says the improvement financing vehicle is actually making consumer loans. An October 2022 Federal Trade Commission order said Ygrene deceived consumers about the potential impact of its financing and that it unfairly placed liens on homes without consent.
Florida lawmakers did not detail specific proposals for state oversight. However, concerns have been expressed about situations in which residents who are customers of municipal utilities but live outside of city boundaries can be forced to pay surcharges but can\’t vote for municipal officials — a situation likened to “taxation without representation”.
As of mid-December, no bills had been filed relating to the Property Assessed Clean Energy program. CLICK ON THE HEADLINE FOR MORE