PACE refers to Property Assessed Clean Energy financing
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October 19, 2009
Federal PACE Guidlines
Vice President Biden releases federal Policy Framework Guidlines for PACE programs.
DOE Guidelines for Pilot PACE Programs, May 7, 2010
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February 3, 2010
TALLAHASSEE- Energy & Utilities Policy Committee Chairman Steve Precourt (R-Orlando) and House Majority Leader Adam Hasner (R-Delray Beach) today announced that they are exploring an innovative approach known as PACE – Property Assessed Clean Energy – financing that could be utilized to help consumers and businesses pay for retrofitting their properties with clean energy technology at no cost to taxpayers. The projects generated by these private sector clean energy improvements also hold the promise of significant job creation for Florida’s economy.
March 17, 2010
PACE Legistlation Passed by Florida House Committee and Senate
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PACE and Florida Law
Florida does not need to change its laws in order to allow counties and municipalities to set up their own PACE loan programs. Florida’s Statute 189.400 authorizes cities and counties to create special districts to finance projects that serve the public purpose and benefit the city or county. This statute has not yet been used. The sources for this information are listed below.
Database of State Incentives for Renewables & Efficiency (DSIRE)
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February 8, 2010
PACE in Broward County
HOLLYWOOD- Broward County Commissioner Krysten Jacobs gave a presentation on environmental issues at Broward College. She said the county would try to encourage the use of renewable energy technology by using the Sonoma model of PACE financing.
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February 18, 2010
PACE in Indian River County
SEBASTIAN — Indian River County residents could see power savings, and the alternative-energy industry bring jobs, if state lawmakers and local voters go along with a new idea County Commission Chairman Peter O’Bryan proposed Thursday. Read more.
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February 2010
PACE in the Harvard Business Review
The Harvard Business Review described property assessed clean energy financing as one of the 10 breakthrough ideas for 2010. See Pace Bonds
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December 3, 2009
Keeping the Pace in New York
Last month, in what New York legislators called an “extraordinary” session, lawmakers voted to authorize municipal finance programs for clean energy improvements on homes and businesses. Called PACE (Property Assessed Clean Energy) financing, these popular municipal programs allow homeowners to go solar and make efficiency improvements without any upfront cost. Just how popular is PACE? There was not one single “no” vote in either house. New York’s PACE legislation passed by a resounding 192 – 0. Read more.
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February 16, 2010
PACE in Kansas
A bill aimed at helping Kansans install renewable energy and increase energy efficiency has been approved by a legislative committee. Read more.
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February 2009
PACE in Environment Magazine
Toward a Low-Carbon Economy: Municipal Financing for Energy Efficiency and Solar Power
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April 6, 2010
Congressman praises St. Lucie County’s green programs
FORT PIERCE — There was no question Tuesday about whether U.S. Rep. Kendrick Meek liked St. Lucie County’s green collar apprentice and solar energy loan programs. “I’m going to be talking about this project throughout the state of Florida because we need more like it,” he said as he visited the county’s new Green Collar Training Center in Fort Pierce. Read More.
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July 12, 2010
Energy Efficiency Helps Homeowners Avoid Foreclosure
Energy-efficient homes have %11 lower default and delinquency rates than typical homes, according to an internal analysis conducted for a major financial institution last year.
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July 29, 2010
Sonoma County resists feds on home energy loans
Sonoma County uses banks to resist FHFA and forge on with their PACE program.
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PACE Programs
- Evaluation
- History
- Map of Installations
- Report
- Property Owner Presentation
- RF BerkeleyFIRSTPresentation
- What was learned?
Sonoma Energy Independence Program
- Article
The county treasurer’s office helps cities, schools and special districts invest their cash in safe investments like U.S. treasuries. At the moment, that figure stands at $1.9 billion. County leaders opted to take 2 percent of those funds — $45 million — and invest them closer to home in their PACE program.
Albuquerque Renewable Energy Financing District
PACE Resources
Webinar: Property Assessed Financing, Jeff Hughes, Environmental Finance Center, University of North Carolina
PACE Toolkit VoteSolar
Five Step Implementation Guide
Creating Dependent Special Districts, Handbook by the Florida Department of Community Affairs
Hedged PACE Mortgage-Backed Securities, May 22, 2011