Resources

How to Establish a TX-PACE Program
presentation by the Houston Advanced Research Center (HARC)

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TX-PACE: An overview for Local Government Officials
presentation by the Houston Advanced Research Center (HARC)

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Financing Energy Efficiency
by On Common Ground – Summer 2017

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List of Consenting Financial Institutions
by PACENation – Aug 2015

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A Case For Lender Consent
by PACENation – June 2015

Lender Consent is a best practice for commercial PACE projects. PACE is an effective financing mechanism that provides 100%, low-cost, long-term funding for property owners that want to implement energy efficiency and renewable energy projects…

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Economic Impact Of The Cleantech Sector In the Austin/Round Rock/San Marcos MSA
by CleanTX – 2015

This project, commissioned by CleanTX and supported by the Austin Technology Incubator, part of the IC2 Institute at the University of Texas at Austin, and Civic Analytics, represents the first attempt at describing and quantifying the clean technology (cleantech) sector in Central Texas…

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Why Should Property Owners Use PACE?
by PACENowVideo on YouTube – 2015

The PACE for Commercial Real Estate Companies Presentation was developed to clearly describe the many benefits of PACE financing for real estate companies and to provide examples of the financial impact of PACE under various lease forms.

After your review of this information, you will understand how PACE can increase a property’s EBITDA by enabling projects that would otherwise not get done using a company’s internal capital…

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PACE in Texas and Beyond
by Doug Lewin, Executive Director at SPEER – 2014

A deeper dive into PACE program administration…

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PACENow Lender Support Update
by Natalie Trojan, Senior Director at PACENow – March 2014

In the 4th quarter of 2013, PACENow surveyed the PACE community to assess the status of senior mortgage lenders’ consents for commercial PACE transactions. This Lender Support Update (herein referred to as the “Update”) summarizes the findings related to commercial PACE consents that have occurred in 2013…

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Creating Economy Through Long Term, Affordable Financing for Water and Energy Retrofits to Commercial and Industrial Property
by Charlene Heydinger, Executive Director of KPT – August 2013

A Webinar Introducing SB 385, Texas’ New Property Assessed Clean Energy Act The First in a Three-part Series A Primer on the benefits and opportunities created for Counties and Municipalities…

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PACE in a Box Project Description
by Charlene Heydinger, Executive Director of KPT

In today’s world of ever-increasing dependence on energy and water resources, the importance of energy efficiency and water conservation cannot be over emphasized. Commercial and industrial buildings in Texas consume approximately 63% of all energy produced in the state…

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Executive Summary of the Texas PACE Act
by Charlene Heydinger, Executive Director of KPT

On June 14, 2013, the State of Texas adopted the Property Assessed Clean Energy Act (the “Act”). With the passage of this Act, PACE financing will be available in Texas for energy-efficiency and water conservation upgrades to commercial and industrial properties…

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Realizing the Energy Efficiency Potential of Small Buildings
by Preservation Green Lab – June 2013

Small commercial buildings – those smaller than 50,000 square feet – offer substantial and immediate energy efficiency opportunities and cost savings. The Small Buildings and Small Portfolios (SBSP) sector contains 95 percent of all commercial buildings by number and represents 47 percent of the energy consumption in all non-mall commercial buildings.

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Raising the Roof: How to Create Climate Wealth Through Efficient Buildings
by The Carbon War Room – July 2013

The implementation of measures to achieve EEBE (Energy Efficiency in the Built Environment)—whether on a building-by-building basis or in a portfolio of buildings—is a multi-step process involving benchmarking, auditing, implementation, measurement and verification, and ongoing commissioning…

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PACE in Texas: The Future of Contractual Assessment Financing for Conservation Improvements
by Jeremy Brown of the UT Law Energy Center – April 2013

Twenty-eight states have passed Property Assessed Clean Energy (PACE) enabling legislation but most – including Texas – do not have fully operational PACE programs. In some instances, this failure of PACE law to translate into concrete action may be due to drafting defects or to evolving PACE best practices that have rendered early-adopted laws obsolescent. In other instances, it may stem from the chilling effect of actions by mortgage regulators…

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PACE Financing – A Win-Win Proposition
by Charlene Heydinger, Executive Director of KPT

Property Assessed Clean Energy (PACE) is an innovative program that provides low-cost, long-term financing for water and energy conservation and renewable retrofits to existing structures…

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Commercial PACE- Updates from the Field and New Resources for Design and Implementation
by The US Dept. of Energy’s Technical Assistance Program

A presentation by the DOE on Energy Efficiency and Renewable Energy and PACE Program Resources…

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Guide for investors highlights stocks targeting energy efficiency
by David Thorpe, News Editor at Link2 – April 2013

The Bank of America and Merrill Lynch have made it easy for investors to back and invest in the companies that are going to reap the most benefits from investment in energy efficiency…

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White Paper – Setting the PACE– Financing Commercial Retrofits, published by the Institute for Building Efficiency
by Katrina Managan, Johnson Controls and Kristina Klimovich, Associate, PACENow – February 2013

Property Assessed Clean Energy (PACE) finance is a new and growing municipal approach to support energy efficiency and renewable energy upgrades in commercial buildings in the United States…

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White Paper – PACE Accounting Treatment
by Structured Finance Associates

California Assembly Bill 811, (“AB811”), was signed into law July 21, 2008. (Please note that Renewable Funding has created the acronym PACE to describe the AB811 program…

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Underwriting Energy Efficiency Financing in the Innovative Connecticut PACE Program
by Building Energy Performance Assessment News – 2013

Property Assessed Clean Energy (PACE) tax lien financing programs allow local governments, when authorized by state law, to fund energy efficiency improvements on commercial and industrial properties via an additional assessment (“benefit assessment”) on the property tax bill…

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PACE Replication Guidance Package for Local Governments
by Sonoma County Energy Independence – March 2012

Sonoma County has prepared this Guidance Package (“manual”) to assist other local governments in developing a Property Assessed Clean Energy (PACE) program…

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Energy Efficiency Retrofit Financing Options for the Commercial Real Estate Market
by Building Energy Performance Assessment News – February 2012

For several years, it has become increasingly evident to stakeholders in commercial real estate (CRE) that building energy performance can impact property value…

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United States Building Energy Efficiency Retrofits: Market Sizing and Financing Models
by The Rockefeller Foundation and DB Climate Change Advisers – March 2012

Upgrading and replacing energy-consuming equipment in buildings offers an important capital investment opportunity, with the potential for significant economic, climate, and employment impacts…

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Commercial PACE Financing
by The U.S. Dept. of Energy – December 2010

The property-assessed clean energy (PACE) model is a new, innovative mechanism for financing energy efficiency and renewable energy improvments on private property-commercial or residential…

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Economic Impact Analysis of PACE
by ECONorthwest for PACENow – April 2011

ECONorthwest was engaged by the PACENow coalition to assist them in describing the economic effects of the Property Assessed Clean Energy (PACE) programs

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Energy Efficiency Finance 101– Understanding the Marketplace
by Joel Freehling, Shaw Environmental – August 2011

This paper is part of a series being issued to facilitate improved energy efficiency financing programs that substantially increase the implementation of energy efficiency projects in the residential and commercial sectors…

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Policy Brief – PACE Financing: Update on Commercial Programs
by Renewable Funding, the Clinton Climate Initiative, and Berkeley Lab – March 2011

Since 2008, 24 states and the District of Columbia have authorized Property Assessed clean Energy (PACE) under state law, and state and local governments initially allocated over $150 million in federal grant funds to help launch programs…

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Financing Retrofits in Large Commercial Buildings through PACE Loans – Implications for Building Owners
by The Clinton Climate Initiative – 2010

Across the country, owners of large commercial property are interested in making their buildings more energy efficient. They understand the financial benefits of energy efficiency improvements – lower operating costs, increased cash flow, potentially higher occupancy and increased valuation, etc…

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Green Retrofit Financing
by Brad Berton, The Urban Land Institute – September 2011

Imagine that by investing $5 million to install high-performance windows and rooftop solar arrays you could cut your commercial property’s energy consumption by $7 million to $8 million over the next decade or so. “Sounds great,” you would probably think, “but what’s the catch?”…

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Water Efficiency Toolkit
by Environmental Defense Fund and AT&T

Deep in the heart of Texas, savvy businesses are working to cut water use. Water scarcity is a risk to business success, and investors know it. In water stressed cities across Texas, leading companies are facing the possibility that the water resources they need to keep growing may not always be available to them…

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Money is Often Misunderstood – PACE Financing for Commercial Real Estate Companies
by George Caraghiaur – November 2014

A short presentation about objections raised by CFOs regarding PACE financing.

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What Program Managers Need to Communicate – PACE Financing for Commercial Real Estate Companies
by George Caraghiaur – November 2014

A short information presentation for PACE Program Managers.

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