Category: PACE

Lessons in Commercial PACE Leadership: The Path from Legislation to Launch

(Electricity Markets and Policy Group, Berkeley Lab) Nonresidential buildings are responsible for over a quarter of primary energy consumption in the United States. Efficiency improvements in these buildings could result in significant energy and utility bill savings. To unlock those potential savings, a number of market barriers to energy efficiency must be addressed. Commercial Property … Read More

SEIA Announces Release of Two Documents to Open Commercial & Industrial Solar

WASHINGTON, D.C. – The Solar Energy Industries Association (SEIA) announced today the release of two documents designed to spur investment in commercial solar projects. The first document is a contract that combines the benefits of a Power Purchase Agreement (PPA) with Property Assessed Clean Energy (PACE) to provide customers with a valuable new financing option. “The PACE … Read More

PACENation responds to the August 15, 2017 Wall Street Journal story, “More Borrowers Are Defaulting on Their ‘Green’ PACE Loans”

Residential PACE has been the best financing solution for the roughly 160,000 homeowners who have used it for energy, water, and safety related projects that they wanted or needed to make; projects that made their homes more comfortable, healthier, safer, less expensive to heat and cool, and more valuable. State and local government partners also … Read More

News: Congress should let communities set their own PACE

In hundreds of counties and cities across America, local officials are embracing Property Assessed Clean Energy (PACE). PACE effectively expands access to credit to help property owners improve or repair their properties with efficient products, while creating and sustaining local jobs at no cost to public budgets. Solution-oriented mayors like us appreciate the innovation and … Read More

The low-down on PACE financing in Virginia

Property Assessed Clean Energy financing, or PACE, is starting to get more and more attention around the Commonwealth and the nation. In fact, Governor McAuliffe and his administration recognized PACE as a viable means to create more jobs, save energy, and lower electricity bills in a recent press release. As it’s popularity increases, many are … Read More

How Commercial PACE Came to Michigan

Michigan passed the legislation for a Commercial PACE (Property Assessed Clean Energy) program in 2010. Businesses and commercial properties in participating municipalties can retrofit their buildings with renewable energy and energy efficient systems by borrowing money from a private lender, and repay the loan via a special assessment on their local property tax. It has … Read More

Leaders and Innovators Recognized with Inaugural Virginia Energy Efficiency Awards

6 Winners Honored by Virginia Energy Efficiency Council (VAEEC) and Governor McAuliffe at Richmond reception Richmond, Virginia (November 29, 2016) – The Virginia Energy Efficiency Council (VAEEC) honored the winners of its first-ever Virginia Energy Efficiency Awards at a reception in Richmond tonight attended by Governor Terry McAuliffe. VAEEC received more than 50 nominations for … Read More

Do New DOE PACE Guidelines Do Enough for Low-Income Residents?

The U.S. Department of Energy has updated its guidelines for property-assessed clean energy financing for homes, as residential property-assessed clean energy programs begin to blossom beyond California. In a few short years, the residential PACE market has grown from nearly nothing to more than $2 billion. Most of the projects are in California, but there … Read More

“PACE in Virginia” Webinar Recording

On October 4 we hosted the first in a new webinar series, kicking things off with “PACE in Virginia.” Watch the “PACE in Virginia” webinar.  The webinar covers: An overview of the basics of Property Assessed Clean Energy (PACE) financing Explanation of how Virginia compares to national programs and the opportunities and challenges in Virginia … Read More

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