The United States largest Property Assessed Clean Energy (PACE) providers do not anticipate any complications. Both Renovate America and Ygrene believe they are already inline with most of what the government is suggesting. After months of review, the Department of Energy (DOE) released the United States’ PACE Guidelines.
Last July, Leon County (home to Tallahassee) became the first Florida municipality to adopt the HERO PACE Program. Several other Florida counties and cities followed suit. The latest was Orlando, whose city council approved the program this week. These are a few of the milestones, as HERO PACE comes to Florida & Missouri.
Water is a finite resource. According to Stephanie Feldstein of the Center of Biological Diversity, “Every time you turn on the tap, that water is coming from rivers, lakes and streams that wildlife depend on.” With Levi Strauss & Co’s help, the Center created the “Don’t Be a Drip” to identify some of the most wasteful activities and counties in the United States. Despite a four year long drought, they discovered Californians waste a lot of water.
Many hoped California’s net-metering war was ending two years ago, when Governor Jerry Brown signed Assembly Bill 327. The state’s Public Utilities Commission (CPUC) was given to the end of this year to create a new tariff that will kick in once the state’s big three investor owned utilities (PG&E, SCE and SDG&E) reach 5% nameplate generation capacity under net metering. With the deadline approaching, the “big three” went on the offensive. One of the California Public Utilities Commission hearings was in San Diego, on Oct. 28, 2015. That was where County Supervisor Dianne Jacob Defends Rooftop Solar.
It has been eight years since Cisco DeVries invented Property Assessed Clean Energy (PACE) loans. They were meant to spur the mass adoption of residential solar, but have also proven to be an effective means of financing other energy and water saving devices. If PACE weren’t classified as a tax, it would have been offered through-out America years ago. Instead, five years ago Fannie Mae and Freddie Mac urged local governments to put their PACE programs on hold and the vast majority of PACE projects have been in California. That is about to change. Cisco DeVries explains how PACE is changing.