Property Assessed Clean Energy (PACE)
PACE is expected to be available in New Jersey in 2018.
Know what PACE is, and ready to get started?
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PACE (Property Assessed Clean Energy), is a type of financing that makes clean energy retrofits and renewable energy a “no brainer” — a self-evidently beneficial project for property owners to undertake.
While we’ve been championing Commercial PACE in NJ since 2012 (PACE requires state legislation), we’ve watched hockeystick growth of the industry (see the national nonprofit association, PACENation.us) across several states. While most of PACE’s meteoric rise has been through Residential PACE, at this time only Commercial PACE is being considered in NJ.
PACE can be leveraged to generate strategic economic value to communities.
We at Possible Planet want to make sure that as soon as NJ passes a viable PACE law, the awareness of what’s possible for communities through PACE spreads quickly and creates a tsunami of clean energy economic development. Because PACE is a win for everyone.
New “Pre-PACE” Financing for Clean Energy is Now Available at RegenerativeFinancing.org
PACE in a Nutshell
Why is PACE Such a Big Deal? (with the content from the first two sections of this page, especially my stickynotes)
I’m Ready for PACE! (for people who know what they’re looking for and want to get to the contractor/owner “to-dos”)
PACE and Local Economies – focused on the community issues that PACE solves: local contractors getting work, local jobs even for large national firms that need to hire local workers; improvement of building stock; investment in their town, so that the community’s buildings aren’t obsolete from an operating point of view-basically, doing these deals in a holistic, sustainable way for the community’s interest as well as the owner’s.
More on the implications here>>>