PACE financing
Study: Nonpayment risk remote for commercial clean energy loans
Commercial building owners very rarely miss payments on property assessed clean energy loans, a federal lab found.
Energy News Network (https://energynews.us/tag/pace/)
Commercial building owners very rarely miss payments on property assessed clean energy loans, a federal lab found.
The state’s commercial property assessed clean energy program was originally designed for building retrofits only.
The state’s property assessed clean energy law requires local governments to pass ordinances to establish the program.
The Cleveland area’s first project financed through Commercial Property Assessed Clean Energy is on track to be completed next month.
Pennsylvania Gov. Tom Wolf is planning to sign a new, bipartisan bill aimed at helping commercial and industrial property owners finance upgrades for energy efficiency, water conservation, and renewable energy systems.