WECC’S ENERGY FINANCE SOLUTIONS LAUNCHES
PACE WISCONSIN PROGRAM
Printed December, 2016
Innovative financing model stimulates local economies through commercial building revitalization
WECC’s Energy Finance Solutions (EFS) has launched PACE Wisconsin, a statewide program which enables commercial property owners to obtain low-cost, long-term financing for energy efficiency, renewable energy, and water conservation improvements. The program, which is now available for implementation by Wisconsin municipalities and counties, will be administered by EFS.
PACE (Property Assessed Clean Energy) is an innovative program utilized by communities across the United States to drive economic development by authorizing municipalities and counties to work with private sector lenders to provide upfront financing—usually for 100 percent of the cost of energy-saving improvements—to property owners for qualified projects. PACE helps communities:
A number of Wisconsin counties have already adopted PACE Wisconsin, including: Eau Claire, La Crosse, Douglas, Dunn, Chippewa, Iowa, Jefferson, Fond du Lac, Sheboygan, Racine, and Washington.
About PACE Wisconsin
PACE Wisconsin offers an open-market solution for building owners in participating Wisconsin communities. To offer PACE Wisconsin, counties must pass a resolution authorizing execution of the Joint Exercise of Powers Agreement (JPA), and pass the Model PACE Ordinance through the county board of supervisors. Interested communities should contact the administrator at firstname.lastname@example.org.
About Energy Finance Solutions (EFS)
WECC’s EFS specializes in financing program consultation, design, and delivery services in support of energy efficiency and renewable energy improvements. Through partnerships with utilities, contractors, and other agencies, EFS offers customers simple, affordable ways to finance energy improvements. EFS is the financing services division of WECC.
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