Municipal Finance Programs (PACE)
When it comes to bringing solar to the mainstream, innovations in financing are as important as innovations in technology. There's a new finance tool that local governments can use to support green retrofits in their communities. These PACE (Property Assessed Clean Energy) programs help property owners overcome the upfront cost barrier of solar and energy efficiency improvements.We are working to make PACE an effective way to go solar nationwide. We hope you'll help.
PACE is a new model based on some pretty complex finance mechanisms. It can all be a little tricky to fully understand, so we've compiled fact sheets, white papers and other information to get you started.
State law must first authorize local governments to implement PACE programs. 22 states now have PACE legislation in place. That leaves 28 to go. Here are resources for enabling PACE at the state level.
Local governments in these states have the authority to run PACE programs: CA, CO, FL, GA, IL, LA, MD, ME, MO, MN, NC, NM, NV, NY, OH, OK, OR, TX, VA, VT, WI. Click here for resources to help cities and counties launch PACE.
Questions? Contact Annie Carmichael at annie@votesolar.org
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Scott's Contracting
scottscontracting@gmail.com
http://www.stlouisrenewableenergy.com
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