The property assessed clean energy (PACE) model is an innovative mechanism for financing efficiency and renewable energy improvements, allowing commercial property owners to fund up-front costs of energy and water improvements from HVAC to building envelope upgrades to solar and more. This session provides real-world examples of how to leverage this financing to initiate an energy or water retrofit project.
1. Learn how does the special assessment nature of PACE function and what is the local government’s role in this financing mechanism.
2. Understand the unique benefits that PACE provides as a financing mechanism compared to other options for implementing energy efficiency and renewable energy improvements.
3. Learn the types of projects, property types, and property owners that are eligible to use PACE.
4. Learn how to quantify the financial impact of PACE in terms of cash flow and net operating income, rather than simple payback and ROI.