M o P A C E
Where property owners, local governments, experts and service contractors come together to make PACE energy project funding work well
What is PACE - video link: http://www.youtube.com/watch?v=qqg9wYkjNAM
Why PACE?
Funding for up to 100% of installed project costs
Lowers cost to carry
Lengthens financing terms
Enables projects to be cash flow positive in Year 1
Permits favorable accounting treatment
Allows for sharing of costs and savings with tenants, future owners
Hedges against utility price increases
Reduces negative exposure to possible regulation
Helps the environment significantly, and long term
Improves asset value
can improve indoor air quality and comfort as well as costs
Is voluntary
Debt runs with the land
