Economic Impact Analysis of Property Assessed Clean Energy Programs (PACE)
The Teamster’s Local 848 meeting hall in Long Beach installed a 35.5 kilowatt solar array, a “cool roof” and a lighting upgrade. These upgrades cut their monthly electric bill from $2,500 to $10.
A new “Cool Roof” reduces energy costs and increases tenants comfort in a premiere shopping destination in Northern California.
San Francisco’s leading industrial real estate owner, operator and developer, Prologis, Inc., uses PACE financing to reduce energy usage by 32% for an estimated $98,000 annual cost savings.
This report identifies and describes the current state of residential and commercial Property Assessed Clean Energy (PACE) financing program in CA, with an emphasis on the region covered by the Southern California Rooftop Solar Challenge.
This report summarizes the findings of 35 individual interviews gauging the awareness and understanding of the PACE Program by 25 different lenders including key findings and recommendations.
This paper highlights the experiences of leading commercial PACE programs and presents best practices that reduces risk to building owners and commercial mortgage holders.
This report measures and analyzes the output, employment and tax impacts of PACE energy-efficiency and reusable energy projects in four cities.
The Energy Upgrade Multifamily Program has already helped property owners save money, reduce energy use, and make their units more marketable with energy-efficient upgrades.
More case studies are coming soon!