CPACE Financing How to finance your next renewable energy project.

Slides:



Advertisements
Similar presentations
Sonoma County AB 811 Rod Dole – ACTTC SONOMA COUNTY – ENERGY INDEPENDENCE PROGRAM.
Advertisements

How You Can Create Energy Districts in Your Home Town Tom Smitty Smith Public Citizens Texas Office
Partners in Efficiency & Load Management Jeff Brining, CEM Energy Services Division Manager January 21, 2014.
Financing Energy Efficiency Projects: Credit Enhancements for Commercial Finance September 26, 2011 Presented by: Dan Clarkson Energy Efficiency Finance.
CITYFIRST FINANCING INITIATIVE FOR ENERGY EFFICIENCY, RENEWABLE AND SOLAR TECHNOLOGY February 23, 2009.
PROGRAM OVERVIEW PROPERTY ASSESSED CLEAN ENERGY PACE Commercial Energy Improvement Funding Perspective: Property owner.
FLORIDA PACE FUNDING AGENCY Delivered by SAIC. FloridaPACE.gov 2 FLORIDA PACE FUNDING AGENCY Delivered by SAIC What is PACE? –Property Assessed Clean.
Intro presenters Benefits of an energy efficient business How Milwaukee Energy Efficiency (Me 2 ) makes energy saving upgrades affordable Me 2 financing.
Energy Financing for Municipalities Andrew Brydges Director, Institutional Programs Clean Energy Finance and Investment Authority (CEFIA) April 2014.
Clean Energy Green Corridor: Florida’s First PACE Program Joe Spector Vice President of Operations Ygrene Energy Fund Florida
Property Assessed Clean Energy (PACE) Financing. What is PACE Energy Efficiency and Renewable Energy Financing Private sector buildings Put in place by.
Overview of PACE in Missouri Columbia, Missouri March 31 st, 2011.
REFERENDUM 2014 Building Maintenance. Referendum 2014 Focused on providing a safe and healthy learning environment for students Fiscally responsible:
Energy Square 1111 “O” Street, Suite 223 Lincoln, Nebraska Website: Phone:
C-PACE FINANCING AND THE UTAH ASSESSMENT AREA ACT (2014 Utah Governor’s Energy Development Summit) Ryan R. Warburton Partner
Governor’s Energy Development Summit June 4, 2014 Salt Lake County Pilot C-PACE Program — a public/private partnership. Kimberly Barnett, Salt Lake County.
 PACE & RECAP: Financing Renewable Energy Michelle Hickey, ISEA Program Coordinator Illinois Solar Energy Association 1.
Figtree PACE Financing 100% financing for solar, HVAC, roofing,, windows, lighting, and more September 2014 No Money Down | Fixed Low Interest Rates Easy.
Overview of Property Assessed Clean Energy (PACE) Program San Antonio Office of Environmental Policy December 16, 2009.
BROWARD COUNTY GO SOLARFEST ACCESSING AFFORDABLE SOLAR FINANCING THROUGH PACE.
Funding Energy Projects in a Market-Driven World Local Energy Solutions Conference March 21, 2015 Joe Harrison Director of Clean Energy Finance NH Community.
Financing Your Weatherization Projects The Institute for Energy & Sustainability Weatherization Roundtable September 13, 2010 Sam Nutter N.E. Business.
Practical Ways For Towns to Save Money With Clean Energy Projects Paul Michaud Murtha Cullina LLP April 30, 2014.
Tax Credits & Financing for Energy Efficiency & Renewable Energy Projects Presented by: The Morgantown Green Team.
Nancy J. Hall, CPA Going Green Tax Incentives  Federal Tax Savings come in two forms - Tax Credit Tax Deduction.
Finance Options Residential Commercial Gov’t and NonProfit Control where your customers get financing and maintain control over your sale.
NH Utilities Programs/ Carbon Reduction Opportunities Thomas Palma, Esq., CSDP Project Development Executive.
PACE P ROPERTY A SSESSED C LEAN E NERGY National League of Cities Congressional Cities Conference March 15, 2011 David Gabrielson Executive Director PACENOW.
Financing Rural Economic Development James Hamill Principal Bridge Strategic Partners 1700 N. Broadway, Suite 405 Walnut Creek, California
PACE Energy Financing Districts: Options To Strengthen & Sustain Our Communities In West Palm Beach.
Presented By: Matt Bell Partner, Viridian. Buildings and the Environment Buildings account for 36% of greenhouse gas emissions Buildings account for 72%
1 Creating jobs Saving energy Improving properties Lowering utility bills.
PACE Property Assessed Clean Energy for Missouri.
RAFAEL PEREZ, REGIONAL MANAGER CLEAN ENERGY GREEN CORRIDOR.
North Miami Beach Property Assessed Clean Energy Program Rafael Perez, Director of Business Development
Kinetic Opportunities How Can Your LRA Benefit from Energy Development? September 26, 2013.
PACE APPLICATION PROCESS HOW TO PUT TOGETHER A PACE PROJECT.
Federal Tax Credits For Energy Efficient Products.
Energy Provisions of the American Recovery and Reinvestment Act of 2009 Herb Stevens.
Energy and Air Quality Conference April 5, 2004 Innovative financing, support, and solutions for Implementing Energy Projects.
Energy Efficiency Financing October 15, About Virginia Community Capital  Founded in 2006, then Governor Mark Warner privatized $15M state loan.
October 8,  Regular operating levy for current expenses ◦ Continuous period or limited period 1- 5 years ◦ Limited may be renewed or replaced 
MBOI Infrastructure Loan Application Administration & Finance May 27, 2015.
Commercial PACE Project Development Presenter: Mike Bahr CEO ReNewAll PACE Nation Summit March 1, 2016.
E NERGIZE NY F INANCE PACE Benefit Financing for Energy Improvements Mark Thielking – Chairman, Energy Improvement Corporation Joe Del Sindaco – Treasurer,
Sustainability Summit – April 12, 2016 Beau Engman 825 North Jefferson, Suite 300 Milwaukee, WI 53202
Financing energy, water, and infrastructure upgrades.
A ‘PACE’ Study Designing and Implementing a PACE Program in Your City or Region Michael Emancipator Callahan & Associates Assistant Vice President
A PACE Financing Property Assessed Clean Energy. W HAT I S PACE? 2 PACE is an assessment based financing mechanism for clean energy projects. Clean energy.
NM Infrastructure Conference 2012 Creating a Greener Sustainable Community ‡ Planning for Energy Efficiency.
Public Infrastructure Funding Request Tax Increment Financing (TIF) Special Assessments.
Clean Energy Assessment Districts – Property Assessed Clean Energy (PACE) in Vermont Peter Adamczyk Energy Finance and Development Manager.
Josh Campbell, JD What is PACE? PACE is Property Assessed Clean Energy. PACE is an innovative.
YGRENEWORKS CLEAN ENERGY GREEN CORRIDOR
Property Assessed Clean Energy
Property Assessed Clean Energy (PACE)
PACE (Property Assessed Clean Energy)
PACE: Ideal Commercial Solar Financing
Energize NY PACE Update
EPAD-Louisville 101 EPAD-Louisville 101 Making Cent$ of Energy
PACE FINANCING   PACE FOR MULTIFAMILY HOUSING.
C-PACE CASE STUDIES.
Financing Solar Energy
Financing Better Retrofits
BROWARD COUNTY GO SOLARFEST
23rd Annual NM Infrastructure Conference Improve infrastructure using Self-funding Using Lease Purchase: Public-Private partnership Agreements.
Property Assessed Clean Energy (PACE)
Innovative Financing Tools for Cleaner-Burning Appliances March 2009 Amanda Aldridge,
PACE 101.
New Jersey’s Clean Energy Program Direct Install for Small to Medium Sized Buildings New Jersey' Clean Energy Program includes a number of initiatives.
Presentation transcript:

CPACE Financing How to finance your next renewable energy project

CPACE Commercial Property Assessed Clean Energy City or county creates voluntary assessment district Proceeds from municipal bond pay for energy upgrades Loan is paid back through a separate assessment on property tax bill

Benefits of CPACE No money down 100% financing Low rates Long term financing for up to 20 years Loan does not show up as a debt on your balance sheet PACE lien remains with the property at sale of building Typical building lease allows for pass through of payments to tenants (tenants benefit from reduced energy expense) Property qualified financing; not credit based

Eligible Projects Solar Photovoltaic Systems Energy Efficient Lighting EV Charging Stations HVAC Boilers and Chillers Fuel Cells Windows & Exterior Doors Energy Management Systems Solar Reflective (cool) Roof