Texas Develops Statewide “PACE in a Box”

It’s no secret that Texans don’t like a government telling them what to do.

So when state legislature passed The Property Assessed Clean Energy (PACE) Act on June 14, the group that helped passed the legislation knew it would need to get creative to effectively launch PACE without constraining local governments with various rules for their pace programs.

The non-profit business association, Keeping PACE in Texas, will spend the next year assembling “PACE in a Box” for the state of Texas. It will offer some of the streamlined advantages of state-run programs like the one in Connecticut, such as standards for program underwriting. But it will also take advantage of the various ways PACE has been implemented in cities and counties across the country, whether programs are run directly by the governments or a third-party administrator. Read more.