EES Consulting is PACE-Ready
Elaine Pleshek and David Schwarzbach with Charlene Heydinger, President, Texas PACE Authority, at PACE launch party in April.
On July 16, the Austin branch of EES Consulting completed training for the ground-breaking energy efficiency program recently spearheaded by Travis County. The Property Assessed Clean Energy (PACE) introduces an innovative financing solution to all types of businesses looking to lower their energy bill. Proponents of this plan believe that PACE will promote energy and water conservation throughout the county, and serve as a model for the rest of the state to follow. By using a new style of low-cost, long-term loans, this program helps businesses make the necessary upgrades they need to make their company more energy efficient.
The PACE program is unique in several ways when compared to typical loans. For starters, PACE loans are used specifically to finance energy efficiency upgrades to an existing building or property. The loan is paid as part of the property assessment, and remains associated with the property in the event of a sale or transfer. These policies make the PACE program more affordable and attractive to business owners, and officials hope that PACE will lead to an active approach to energy conservation throughout the county.
For more information on how you can utilize PACE to finance your business’ energy efficiency improvements, please contact any of the Austin EES Consulting locations.