Guardian Water & Power, a national leading provider of submetering products and services partnered with the Energy and Sustainability Industry Cluster at The Ohio State University’s Fisher School of Business to determine the potential application of Property Assessed Clean Energy (PACE) to the U.S. multifamily
Vermont has a subordinate residential PACE program and is now looking to create a commercial PACE program. There are three basic options for Vermont: 1) Amend the current Vermont PACE statute to provide for commercial real estate to be included in the PACE program. 2)
2013 is shaping up as a successful year for the PACE industry. Programs across the country are gaining momentum and new projects are being completed. Ann Arbor’s PACE Program Location: Ann Arbor, MI The Ann Arbor PACE program has pooled together 8 local energy efficiency
Using an innovative financial model, Salut Bar Americain is saving energy, saving money, and doing good for the planet—all while staying focused on their core business. Salut Bar Americain is one of Edina’s most popular neighborhood restaurants, known for great service and an eclectic french
To encourage geothermal use, Gurgick would like to see Property Assessed Clean Energy loan programs develop. “The state legislature has approved it, but no municipalities have endorsed it,” Gurgick said. A PACE program would attach the loan for the renewable system to the property, rather
Does a Riverside County, CA, residential energy financing program put thousands of homeowners on a collision course with the Federal Housing Finance Agency (FHFA)? In a proposed rule-making, the FHFA has suggested that Property Assessed Clean Energy (PACE) policies represent a threat to the safety
Lean and green: Ingham County joins new program that helps businesses finance energy efficiency projects! Ingham County became the first countywide government in the state last week to join a program that helps businesses become more energy efficient. The Ingham County Board of Commissioners voted unanimously
A historic waterfront property in San Francisco will receive an energy efficiency overhaul courtesy of a creative financing scheme that eliminates the upfront cost to install new equipment. Pier 1, home to real estate firm Prologis, Inc., is the first retrofit project closed (PDF) under
San Francisco has launched a green financing PACE program to help its estimated 226 million square feet of large commercial buildings become among the country’s most energy and water efficient. The Port of San Francisco’s historic property at Pier 1, the corporate headquarters of Prologis
Congress should enact legislation that supports residential property assessed clean energy (PACE) programs in the nation’s states and metropolitan areas. Along these lines, congressional support of residential PACE programs would: Send a strong signal that the U.S. remains fiercely committed to investing in smart, innovative financing
