PACE Nation brings together U.S. clean energy movement
FBT Project Finance Advisors President David Rogers spoke at the first annual PACENation Summit in Denver on March 1, 2016. David’s presentation focused on accounting treatment and tax implications of PACE financing. PACE is Property Assessed Clean Energy financing (using special assessments) that can work for clean energy like wind, solar and geothermal projects. Currently, it is primarily for commercial and nonprofit energy efficiency projects. PACE is available in more than 30 states, including Ohio, Kentucky, Texas and Virginia.
Among the many stories of the clean-energy revolution, some good, some not-so-much, there is one initiative that is currently growing at an exponential rate. This week, clean-energy professionals packed a conference held in Denver to advance a movement centered on “PACE-financing” which, in a matter of a few years, has already driven tens of thousands of energy upgrades for homes and businesses. Yesterday, Colorado Governor John Hickenlooper addressed “PACE Nation” and extolled the program’s many economic, social, and environmental virtues.
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