PACE (Property Assessed Clean Energy) financing allows building owners to fund energy efficiency upgrades and improvements through a long-term property tax assessment, with payments passed to new owners if the property is sold. It redirects money spent on energy to upgrades that boost value, has no out-of-pocket costs or cash requirements, and passes costs more easily to tenants benefiting from improvements. PACE Equity helps building owners and developers navigate the PACE process and access financing to fund needed upgrades immediately through long-term energy savings.
PACE (Property Assessed Clean Energy) financing allows building owners to fund energy efficiency upgrades and renovations through long-term assessments on their property taxes. It redirects energy spending into improvements that increase property value without requiring upfront cash or negatively impacting balance sheets. The assessments are transferred to new owners if the property is sold. PACE Equity provides assistance through the entire PACE process, including arranging funding, engineering assessments, and project management.
2D Endless Runner in Unity for Mobile - GDG DevFest Istanbul 2014Murat Gürel
This talk will cover technical design choices, tips & tricks for creating an endless runner platformer for Android & iOS in Unity, with real examples from our own game Evliya Celebi: Olumsuzluk Suyu, which include: character controls, animations & state machine, level design & generation, performance optimisations, gui elements, cross-platform design, level editor.
PACE (Property Assessed Clean Energy) financing allows building owners to fund energy efficiency upgrades and renovations through long-term assessments on their property taxes. It redirects energy spending into improvements that increase property value without requiring upfront cash or negatively impacting balance sheets. The assessments are transferred to new owners if the property is sold. PACE Equity provides assistance through the entire PACE process, including arranging funding, engineering assessments, and project management.
2D Endless Runner in Unity for Mobile - GDG DevFest Istanbul 2014Murat Gürel
This talk will cover technical design choices, tips & tricks for creating an endless runner platformer for Android & iOS in Unity, with real examples from our own game Evliya Celebi: Olumsuzluk Suyu, which include: character controls, animations & state machine, level design & generation, performance optimisations, gui elements, cross-platform design, level editor.
FreshTek is considering whether to seek capitalization to fund office space, marketing, website development, and hiring. While capitalization could provide resources, it may slow growth and require giving up equity. FreshTek currently earns $2,500-$3,500 per month installing solar products and developing a network of installers in Florida. Its vision is to standardize performance tracking for solar thermal to increase its adoption and profitability.
September 2015 Katy Area Economic Development Council General Assembly Presen...Chris Tanea
This document appears to list the names and titles of various individuals associated with an organization's board of governors and strategic partners. It mentions Stan Stanley multiple times as the Immediate Past Chairman. It also lists other board members and partners such as Downy Vickery, Rich Patrick, Pepper-Lawson Construction, Tradition Bank, and more. The document includes an agenda for a Katy EDC meeting that discusses CenterPoint Energy programs to promote energy efficiency and conservation.
The document discusses Property Assessed Clean Energy (PACE) programs, which allow commercial, industrial, and residential property owners to finance energy efficiency and renewable energy improvements through voluntary tax assessments. Local governments establish PACE boards to qualify projects and administer financing from municipal bonds secured by the tax assessments. PACE programs provide long-term financing for improvements, create local jobs, and allow properties to save money through reduced energy costs over time.
Energy Cybernetics is a South African company established in 1998 that specializes in energy efficiency and resource management solutions. They have completed over 200 energy audits and 220 measurement and verification projects across multiple African and global countries. Energy Cybernetics takes a holistic approach to identifying the best energy efficiency opportunities for clients through improvements to operations as well as equipment upgrades. They implement projects using their in-house project management team and draw on partnerships for delivery. Energy Cybernetics also provides energy management training and works with clients long-term to sustain results through monitoring and reporting. They have a track record of 17 years providing these services in Southern Africa.
Base load plants provide the baseline energy needs for a utility's entire service area and are major long-term investments. Peak load plants supply additional energy during periods of high demand like hot summer days. Supplemental power plants provide backup power. Utilities face challenges with falling revenue as conservation reduces demand but sunk costs remain, while regulations are shutting down coal plants and increasing scrutiny on nuclear. Renewables and natural gas are costly alternatives that cannot provide baseline power.
The document discusses integrating solar energy and energy efficiency approaches to help meet California's greenhouse gas reduction goals. It notes that current clean energy adoption rates will not be enough and that financing can help more property owners adopt solar and efficiency upgrades. Specifically, it outlines Property Assessed Clean Energy financing programs that require energy assessments and efficiency improvements before financing solar photovoltaics. A survey found most solar customers also adopt or plan efficiency upgrades. The document calls for more program integration of solar and efficiency and expanded workforce training to scale up clean energy adoption.
This document describes a company called Bowe Home Systems that aims to develop affordable and adaptable alternative energy systems for homes and businesses. It will integrate various technologies like solar, wind, hydrogen, and waste-to-energy to create self-sustaining units. The company plans to market the systems through educational materials and varying price points. It will start development in Laredo, Missouri and hopes to gain patents and franchise dealerships over time. Safety and reliability will be top priorities in the product design.
Pathway Lending is a nonprofit economic development lender that provides loans for energy efficiency and renewable energy projects in Tennessee. It launched a new Energy Education Initiative funded by the Department of Energy to provide training workshops around the state on topics like industrial energy efficiency, sustainability, and electric vehicles. The initiative will also create an online resource center for materials from the events.
The document describes SmartBuilding Advantage, an energy efficiency program from Duke Energy that uses a holistic whole-building approach to assess a healthcare facility's energy usage, identify potential savings from improvements, and provide incentives to help fund implementation in order to maximize energy savings and return on investment. The program leverages Duke Energy's expertise and incentives like Smart $aver to help healthcare facilities develop a comprehensive energy management plan and strategies to reduce costs and improve their bottom line over the short and long term.
A successful retrofit project in Connecticut. The project demonstrates the use of innovative financing mechanism -- property assessed clean energy or PACE.
April 12, 2016 CEFAC Energy Storage PresentationJosh Erwin
The document summarizes a presentation on energy storage project financing given to the Clean Energy Financing Advisory Council. It includes the following:
1) Presentations were given by representatives from DBL Partners, Generate Capital, Advanced Microgrid Solutions, and Clean Energy Group on various topics related to energy storage project financing such as market trends, project finance models, case studies, and challenges.
2) The energy storage market is growing substantially and lithium ion battery chemistry currently dominates deployments. Project financing can drive standardization and scale for the industry.
3) Financing models discussed included infrastructure as a service, mitigating technology risks, and monetizing multiple revenue streams to improve project economics.
4
The document provides information about a consulting engineering firm called N'VIRON1 that specializes in energy efficiency and sustainability services for buildings. They offer consulting, planning, design, engineering and facility operations services to help clients reduce costs through energy savings. Their team of experts conduct energy audits, design reviews, and recommend efficiency improvements to optimize HVAC, lighting and other building systems. N'VIRON1 aims to systematically adapt strategies to lower clients' capital and operating expenses throughout the lifecycle of their properties.
Energy Savings for Hotel & Lodging IndustryRayco Energy
Rayco Energy, California's Energy Consultant and Retrofit Contractor presented on facilities energy saving for the Hotel and Lodging Industry at the California Hotel & Lodging Association's annual tradeshow on May 21, 2015 in San Jose, CA
The document summarizes a presentation on Property Assessed Clean Energy (PACE) financing from a real estate perspective. Several speakers discussed how PACE works, the recent FHA guidance on PACE, research showing PACE improves property values, and resources for PACE financing. A moderator then facilitated a question and answer session where topics included other financing options, data standardization, and the key benefits of PACE being treated like other property assessments and improving energy efficiency.
New Opportunities in Property Assessed Clean Energy (PACE)Abby Johnson
PACE Financing is an innovative financial product where commercial building owners can upgrade their properties with energy efficiency and clean energy solutions with no money down for up to 20 years.
Derisking energy efficiency project investmentSteven Fawkes
Investor confidence in energy efficiency projects can be increased by standardizing processes and documentation using protocols like the Investor Confidence Project. Three key things are:
1) The ICP protocols standardize best practices in project development, documentation, commissioning, and measurement and verification to reduce performance risks and transaction costs.
2) The De-risking Energy Efficiency Platform collects data on existing projects to analyze risks and returns, showing industry projects typically pay back in 2 years while integrated building renovations require over 11 years.
3) Non-energy benefits must be stressed over energy savings due to strategic importance, so benefits like increased asset values, productivity and sales should be valued and linked to organizational strategy.
FreshTek is considering whether to seek capitalization to fund office space, marketing, website development, and hiring. While capitalization could provide resources, it may slow growth and require giving up equity. FreshTek currently earns $2,500-$3,500 per month installing solar products and developing a network of installers in Florida. Its vision is to standardize performance tracking for solar thermal to increase its adoption and profitability.
September 2015 Katy Area Economic Development Council General Assembly Presen...Chris Tanea
This document appears to list the names and titles of various individuals associated with an organization's board of governors and strategic partners. It mentions Stan Stanley multiple times as the Immediate Past Chairman. It also lists other board members and partners such as Downy Vickery, Rich Patrick, Pepper-Lawson Construction, Tradition Bank, and more. The document includes an agenda for a Katy EDC meeting that discusses CenterPoint Energy programs to promote energy efficiency and conservation.
The document discusses Property Assessed Clean Energy (PACE) programs, which allow commercial, industrial, and residential property owners to finance energy efficiency and renewable energy improvements through voluntary tax assessments. Local governments establish PACE boards to qualify projects and administer financing from municipal bonds secured by the tax assessments. PACE programs provide long-term financing for improvements, create local jobs, and allow properties to save money through reduced energy costs over time.
Energy Cybernetics is a South African company established in 1998 that specializes in energy efficiency and resource management solutions. They have completed over 200 energy audits and 220 measurement and verification projects across multiple African and global countries. Energy Cybernetics takes a holistic approach to identifying the best energy efficiency opportunities for clients through improvements to operations as well as equipment upgrades. They implement projects using their in-house project management team and draw on partnerships for delivery. Energy Cybernetics also provides energy management training and works with clients long-term to sustain results through monitoring and reporting. They have a track record of 17 years providing these services in Southern Africa.
Base load plants provide the baseline energy needs for a utility's entire service area and are major long-term investments. Peak load plants supply additional energy during periods of high demand like hot summer days. Supplemental power plants provide backup power. Utilities face challenges with falling revenue as conservation reduces demand but sunk costs remain, while regulations are shutting down coal plants and increasing scrutiny on nuclear. Renewables and natural gas are costly alternatives that cannot provide baseline power.
The document discusses integrating solar energy and energy efficiency approaches to help meet California's greenhouse gas reduction goals. It notes that current clean energy adoption rates will not be enough and that financing can help more property owners adopt solar and efficiency upgrades. Specifically, it outlines Property Assessed Clean Energy financing programs that require energy assessments and efficiency improvements before financing solar photovoltaics. A survey found most solar customers also adopt or plan efficiency upgrades. The document calls for more program integration of solar and efficiency and expanded workforce training to scale up clean energy adoption.
This document describes a company called Bowe Home Systems that aims to develop affordable and adaptable alternative energy systems for homes and businesses. It will integrate various technologies like solar, wind, hydrogen, and waste-to-energy to create self-sustaining units. The company plans to market the systems through educational materials and varying price points. It will start development in Laredo, Missouri and hopes to gain patents and franchise dealerships over time. Safety and reliability will be top priorities in the product design.
Pathway Lending is a nonprofit economic development lender that provides loans for energy efficiency and renewable energy projects in Tennessee. It launched a new Energy Education Initiative funded by the Department of Energy to provide training workshops around the state on topics like industrial energy efficiency, sustainability, and electric vehicles. The initiative will also create an online resource center for materials from the events.
The document describes SmartBuilding Advantage, an energy efficiency program from Duke Energy that uses a holistic whole-building approach to assess a healthcare facility's energy usage, identify potential savings from improvements, and provide incentives to help fund implementation in order to maximize energy savings and return on investment. The program leverages Duke Energy's expertise and incentives like Smart $aver to help healthcare facilities develop a comprehensive energy management plan and strategies to reduce costs and improve their bottom line over the short and long term.
A successful retrofit project in Connecticut. The project demonstrates the use of innovative financing mechanism -- property assessed clean energy or PACE.
April 12, 2016 CEFAC Energy Storage PresentationJosh Erwin
The document summarizes a presentation on energy storage project financing given to the Clean Energy Financing Advisory Council. It includes the following:
1) Presentations were given by representatives from DBL Partners, Generate Capital, Advanced Microgrid Solutions, and Clean Energy Group on various topics related to energy storage project financing such as market trends, project finance models, case studies, and challenges.
2) The energy storage market is growing substantially and lithium ion battery chemistry currently dominates deployments. Project financing can drive standardization and scale for the industry.
3) Financing models discussed included infrastructure as a service, mitigating technology risks, and monetizing multiple revenue streams to improve project economics.
4
The document provides information about a consulting engineering firm called N'VIRON1 that specializes in energy efficiency and sustainability services for buildings. They offer consulting, planning, design, engineering and facility operations services to help clients reduce costs through energy savings. Their team of experts conduct energy audits, design reviews, and recommend efficiency improvements to optimize HVAC, lighting and other building systems. N'VIRON1 aims to systematically adapt strategies to lower clients' capital and operating expenses throughout the lifecycle of their properties.
Energy Savings for Hotel & Lodging IndustryRayco Energy
Rayco Energy, California's Energy Consultant and Retrofit Contractor presented on facilities energy saving for the Hotel and Lodging Industry at the California Hotel & Lodging Association's annual tradeshow on May 21, 2015 in San Jose, CA
The document summarizes a presentation on Property Assessed Clean Energy (PACE) financing from a real estate perspective. Several speakers discussed how PACE works, the recent FHA guidance on PACE, research showing PACE improves property values, and resources for PACE financing. A moderator then facilitated a question and answer session where topics included other financing options, data standardization, and the key benefits of PACE being treated like other property assessments and improving energy efficiency.
New Opportunities in Property Assessed Clean Energy (PACE)Abby Johnson
PACE Financing is an innovative financial product where commercial building owners can upgrade their properties with energy efficiency and clean energy solutions with no money down for up to 20 years.
Derisking energy efficiency project investmentSteven Fawkes
Investor confidence in energy efficiency projects can be increased by standardizing processes and documentation using protocols like the Investor Confidence Project. Three key things are:
1) The ICP protocols standardize best practices in project development, documentation, commissioning, and measurement and verification to reduce performance risks and transaction costs.
2) The De-risking Energy Efficiency Platform collects data on existing projects to analyze risks and returns, showing industry projects typically pay back in 2 years while integrated building renovations require over 11 years.
3) Non-energy benefits must be stressed over energy savings due to strategic importance, so benefits like increased asset values, productivity and sales should be valued and linked to organizational strategy.
1. R E N O V A T I N G A M E R I C A T H E E F F I C I E N T W A Y
Owners Developers Non-Profits
Saving
Energy
Building
Equity
A new way to fund
real estate improvements
and instantly enhance property value.
2. Through
PACE financing,
the money you now spend on energy
can be redirected into improvements that
add to your building’s value.
PACE Equity
Gives
You the
Choice
SPEND IT INVEST IT
3. PACE:
The
power
to do it
now.
• Boosts property value without negatively
impacting your balance sheet
• No out-of-pocket costs, and no upfront
cash requirements
• Passes the costs more easily to the
tenants who benefit from improvements
• Obligations pass to new owners
when the property is sold
• Preserves borrowing capacity
for other projects
Best of all, PACE leverages an opportunity
that’s already ripe for the taking. Most
buildings are already losing energy dollars
that can be claimed through improving the
efficiency of building systems. Solar energy
and other renewable energy resources are
now going unclaimed. Water is waiting to be
conserved. PACE is simply a way to reclaim
the money currently going to waste, and to
transform this loss into a near-term benefit.
Today’s building owners,
facility managers and real estate
developers are sorely in need
of a new idea. Older facilities
desperately need upgrades, but
old forms of financing aren’t always
affordable. Non-profit groups are
forced to divert funds from their
vital causes to cover building
maintenance. The competition for
commercial tenants is keener than
ever, sending owners on a constant
quest for improvements that will
satisfy existing leaseholders and
attract new occupants without
destroying profitability.
The improvements you need today,
funded by tomorrow’s energy savings.
PACE (Property Assessed Clean Energy) offers an innovative, affordable way to address
the challenges today’s owners face. It uses the financial power of long term energy savings
to make improvements possible immediately, while spreading the cost over an extended
period of time. PACE outperforms traditional financing in many ways:
R E D I R E C T I N G E N E R G Y E X P E N D I T U R E S
4. I T ’ S A W I N W I N F O R Y O U A N D Y O U R C O M M U N I T Y
A recycling program
for energy dollars
driven by the vision of owners
and the power of government,
sparked by PACE financing
to set the process in motion.
Public / private partnership
PACE is an innovation that combines the
flexibility of private funding with the
assurance of payment through government
participation. Instead of burdening a
property with a short term loan, PACE
covers the cost of improvements through
a long-term property tax assessment.
If the building is sold, the new owners
simply continue paying the assessment
along with their tax bill. The funding of
PACE projects comes from private
investors, thus eliminating the complex,
sensitive logistics that entangle other
types of public financing.
PACE offers something for every
stakeholder.
Building owners get the improvements
they need without losing valuable equity
in the event of a sale.
Local communities receive an influx
of new skilled jobs, as highly paid
tradespeople are employed on building
improvements
Local governments enjoy their
community’s new reputation as a
business-friendly energy innovator...
which creates a flattering image at
election time.
Everybody else benefits from greener,
more energy efficient buildings that
improve the quality of life in their
home town.
PACE Equity:
the key to PACE success
The idea behind PACE may be simple to
understand, but implementing a PACE
project is often far from simplistic. PACE
Equity was created to make things easier.
We can help with the entire PACE process,
working in tandem with building owners
and developers at every step.
1.Procedural help with all the steps needed
to comply with program guidelines and
conform PACE to your facility’s special
needs
2.Financial resources to detail the economics
of a potential PACE project, then arranging
the funding that makes improvements
possible
3.Engineering support from experts in
building technology, who work to assess the
potential for energy savings and recommend
the technology needed to best achieve it
4.Project management assistance with any
phase of the PACE implementation process,
from liaison with mortgage lenders to
working with your contractors in the
completion of an improvement project
PACE Equity becomes a working partner to
get the job done, whether you need a turnkey
process performed or simply a bit of expert
assistance along the way. The cost of PACE
Equity’s service is built into the financing
package, so there is no out-of-pocket cost for
using our expertise to make your PACE
experience as easy as possible.
How it Works
5. Commercial Boilers
Windows
Solar PV
HVAC Systems
LED Lighting
Controls
Escalators
Elevators
Parking Lights
Fume Hoods
Chillers
Cool Roofs
Refrigeration
R E N O V A T I N G A M E R I C A T H E E F F I C I E N T W A Y
Take the first step today
The best way to explore the full
benefit of PACE is to begin with a
PACE Benefit Analysis from PACE
Equity. The PACE Benefit Analysis
takes specific data from your facility
and translates it into a tangible
estimate of money saved and long
term financial benefits received.
Call us at 855-378-0858 to arrange
for a no-obligation PACE Benefit
Analysis. If you prefer, simply contact
us to learn more about PACE and to
explore ways the services of PACE
Equity can benefit you.
In an inefficient building, every day
that passes by is another day of
opportunity missed and long term
value lost. At PACE Equity, we want
to help you reverse this regrettable
trend and make an important step
toward boosting your property’s
long term value.
Get the details
with a no-obligation PACE Benefit Analysis.