EEP ECO18.5 PACE Financing: 100% Financing for Efficiency Projects in Commercial Buildings
Wednesday, October 24, 2018
8 a.m. - 9:30 a.m. MDT
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The El Paso County property-assessed clean energy (PACE) program is an innovative mechanism for financing energy and water efficiency and renewable energy improvements, allowing commercial property owners to fund up-front costs of energy and water improvements from HVAC to building envelope upgrades to solar and more. This session provides real-world examples of how to leverage this financing to initiate an energy or water retrofit project.
Course Learning Objectives
1. Learn how the special assessment nature of PACE functions and the local government’s role in this financing mechanism.
2. Understand the unique benefits that PACE provides as a financing mechanism compared to other options for implementing energy efficiency and renewable energy improvements.
3. Learn the types of projects, property types, and property owners that are eligible to use PACE.
4. Learn how to quantify the financial impact of PACE and evaluate a project in terms of increased cash flow and net operating income, rather than traditional metrics of simple payback and ROI.
Barbara Holly, firstname.lastname@example.org