The Michigan Public Service Commission announced this week that it will be the first state energy agency in the country to use Property Assessed Clean Energy financing for efficiency projects at its new headquarters.
Four years after Missouri passed a law allowing Property-Assessed Clean Energy (PACE), the state is on the verge of launching the first few projects.
PACE financing is picking up steam in Minnesota, facilitating solar panels and efficiency improvements for a diverse range of businesses.
After two years of buildup, a unique public-private partnership to facilitate energy efficiency in Michigan is starting to show some major results.
A unique clean-energy financing program in Michigan has expanded in size to serve nearly 1.5 million residents, and is poised to double in size beyond that.