Property Assessment Clean Energy (PACE) FinancingPresentation Transcript
Energy Efficiency Financing
PACE FINANCING DISTRICTS
1. Explain what's holding up energy efficiency investments today.
2. Compare the various influences that impact energy efficiency
3. Define the approach owners use in assessing investment risk in
energy efficiency project.
4. Explain property assessed clean energy programs, how they work
and how to use them to finance energy efficiency projects.
Form District Under State
Utilize the Fund to
Access the Fund to
Form a Public Private Partnership
What are the mechanics of PACE?
•Voluntary to participate
•Utility bills decrease due to energy and water savings
•Little or no upfront costs for upgrades
•Payments are low and fixed
•Elect to participate
•Promotion of increased energy and water capacity to prospective
•No risk to general fund
•Substantial progress in achieving water and energy consumption