Topic: PACE

PACE Articles

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Opening the Door to Affordable Solar+Storage

While energy storage technologies are becoming an increasingly viable option, storage for solar (solar+storage) is mostly serving only high-end commercial markets. However, since this combination reduces costs and increases resilience, this emerging market is uniquely positioned to greatly benefit low-to-moderate-income (LMI) communities. The challenge is: how can we make it financially viable for this underserved demographic?
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DOE Accelerates the Trajectory of Affordable Clean Energy

What is the federal government doing to catalyze access to clean energy? Last year, the United States Department of Energy (DOE) launched two programs that work side by side: the Clean Energy Savings for All initiative and the Clean Energy for Low-Income Communities Accelerator. These programs attempt to identify and promote models that work for low-to-moderate-income communities in urban and rural areas in every region of the country.
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The Struggle to Expand Clean Energy in 2016

As the solar industry grows and energy efficiency works to do the same, 2016 brought a significant expansion of breaking news for us to cover and curate. The articles below are our top stories showing the many new and surprising developments we saw last year.

United States Enables Residential PACE

Removing federal obstacles to property assessed clean energy (PACE) has been a long-term subject of debate. United States Department of Housing and Urban Development issued a guideline on July 19 enabling residential PACE financing and clarifying the conditions for purchasing or refinancing assessments with Federal Housing Administration loans.

Connecticut’s C-PACE Program Is Picking up Speed

Clean energy finance in Connecticut just got a major boost. On Dec. 17, Hannon Armstrong agreed to provide up to $100 million in funding for the Connecticut Green Bank’s C-PACE (Commercial Property-Assessed Clean Energy) program. The deal represents a major milestone for an initiative that has already funneled upwards of $70 million toward renewable energy and energy efficiency.

The Mechanics of Measuring Success in Energy Efficiency Financing

Growing momentum for energy efficiency financing in the United States has motivated State and Local Energy Efficiency Action Network to conduct around 20 interviews with stakeholders in five states to explore what it takes to make utility-sponsored programs succeed. The research team produced a report that outlines the pitfalls and promises of a wide range of evaluation techniques.

Has Renovate America Figured out How to Expand Residential PACE?

In November, Renovate America, the San Diego-based Property-Assessed Clean Energy (PACE) program administrator, passed a major milestone—funding over $1 billion in residential installations. As of that month, the program was available to over 80 percent of California households and had completed over 50,000 projects. The company now plans to scale up nationally. According to PACENation, an advocacy organization, Renovate America’s proprietary HERO program is the most widely adopted residential PACE program in the United States, accounting for 95 percent of the established market.

Will California’s Successor Tariff Discourage New Residential Solar?

Solar installers, residential customers, utilities, and a host of other stakeholders in the residential solar market are waiting for the California Public Utilities Commission’s (CPUC) Net Energy Metering successor tariff (NEM 2.0), due by the end of 2015. The issue at hand is whether or not, and to what extent, those without solar are subsidizing those with solar by paying for grid upkeep and modernization. Because utilities fall on one side of the spectrum and nearly everyone else falls on the other, there is no love lost between stakeholders in the industry.