Property Assessed Clean Energy (PACE) financing has the potential to transform the energy efficiency and distributed solar energy markets. To address the opportunities and challenges for this rapidly emerging financing model, AltaTerra Research (http://www.altaterra.net) will present “PACE Funding: Energy Market Breakthrough?”
Named one of the "Breakthrough Ideas for 2010” by Harvard Business Review and a "World Changing Idea” by Scientific American, PACE bonds offer real estate owners upfront financing for energy efficiency and renewable energy systems, which the owner pays back through property taxes over a 15-20 year time period. In the past 18 months, PACE-enabling legislation has been adopted in 18 states. However, “Despite the rapid increase in PACE programs, there are still a number of questions surrounding PACE programs,” said Jon Guice, Managing Director of Research at AltaTerra Research. “For example, mortgaging agencies, such as Fannie and Freddie Mac, have raised concerns and solar companies have questioned stipulations in PACE programs that require energy consumption reductions before solar power systems can be financed.”
In “PACE Funding: Energy Market Breakthrough?”
Further information and registration are available online at http://www.altaterra.net/
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