Commercial building owners spend 30 percent of their operating budget on energy. Costs can be reduced with improved building energy management practices. Optimizing building performance also reduces demand for energy from the grid, lowers carbon emissions from electricity generation and fuels burned on site, and can improve occupant comfort.
Solano County businesses now have access to an innovative financing tool to reduce their energy and water use and improve their bottom line. Solano County is among 14 California counties and 126 cities participating in the nation’s largest Property Assessed Clean Energy (PACE) program, an
Business owners across the state of Connecticut can now access affordable financing for energy upgrades in their buildings. In 2012, Connecticut passed legislation that gives property owners access to a new form of financing for building energy upgrade. PACE, Property Assessed Clean Energy, is an
NORWALK — The Westport Avenue shopping center that is home to Bed Bath & Beyond, Edge Fitness and Bow Tie Cinemas could become Norwalk’s first participant in a new energy conservation program. The Common Council last week approved the city’s participation in the state’s Commercial Property
Resistance from federal housing officials nearly scuttled the residential market for property assessed clean energy (PACE) financing, as cities and counties across the country shuttered programs. But a few jurisdictions bucked the trend. One outlier is the HERO (Home Energy Retrofit Opportunity) program, which appears
NORWALK — Commercial property owners in Norwalk could become eligible for low-interest loans to make their buildings more energy efficient, if the city opts to participate in the state’s Commercial Property Assessed Clean Energy program. On Thursday night, members of the Common Council’s Finance/Claims Committee
Momentum continues to grow for the HERO Financing Program, which allows homeowners in Western Riverside County to finance home energy and water efficiency improvements through their property taxes. The Western Riverside Council of Governments (WRCOG) today announced that $50 million in home energy retrofits have
San Diego councilmembers approved a financing mechanism Tuesday that will make it easier to be green. The mechanism, called Property Assessed Clean Energy (PACE) allows commercial property owners to borrow bond money that finances energy and water efficiency improvements on their property. The loan is repaid through
14 California counties and 126 cities Sept. 20 launched the first state-wide and the nation’s largest PACE (Property Assessed Clean Energy) program. Aimed at reducing energy and water consumption on commercial properties, the California Statewide Communities Development Authority’s (CSCDA) CaliforniaFIRST program enables commercial property owners
Suppose your company wishes to increase energy efficiency and reduce operating costs by retrofitting its existing properties. What if the retrofit costs could be paid without diverting funds from the company’s capital budget, impairing growth capital, reducing cash reserves or drawing on traditional credit sources?