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High–Performance Buildings Preview: PACE Programs Support Energy Efficiency, Building Upgrades
The iconic line from the movie Jerry Maguire — “Show me the money!” — can be applied to myriad situations, but in the case of commercial buildings it’s especially appropriate when it comes to financing technology upgrades. For facility professionals seeking funding for cost-saving, sustainable projects, identifying just how these initiatives will be paid for is a must.
Enter PACE, or Property Assessed Clean Energy, an innovative program that helps building owners and managers obtain low-cost, long-term financing for energy efficiency, water conservation, and renewable energy projects. Through PACE, municipalities and counties work with private-sector lenders to locate financing for property owners of qualified projects; repayment is collected via annual property tax assessments. It’s a trending program: PACE legislation for commercial property has now been adopted in 29 states.
At the High-Performance Buildings & Workplaces Conference at the Austin Convention Center, attendees will be able to learn how to complete a PACE project from start to finish at an in-depth PACE Workshop on May 2.
That workshop kicks off HPB+W’s 2nd annual conference and expo, which will feature more than 40 free conference sessions, building tours, and networking events. There’s also a free high-tech expo hall.
For information about the PACE Workshop, and to register for the conference, visit the show's website.
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