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Joining E2 is the most effective way to stay informed about cutting-edge environmental issues, leverage your professional network, and use your skills to influence important environmental policy issues.

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Business Voice for the Environment

E2 Advocacy Projects: Property Assessed Clean Energy (PACE)

Objective

E2 is pushing for Property Assessed Clean Energy (PACE) policies as a way to encourage homeowners to purchase solar panels and make their homes more energy efficient. PACE works locally allowing governments to offer loans to residents to offset initial startup costs (e.g. installing solar panels). Then, a small fee is assessed on property taxes. The amount of money saved in reduced energy costs would offset the propert tax fee. PACE is a private capital solution, requires no federal spending, and is deficit reducting.Because such cost-effective investments would not only help residents cut energy consumption and cost, but also benefit businesses associated with these industries, E2 supports PACE efforts.

E2 also ran a similar campaign in California. Details about that campaign can be found here

More information about PACE can be found here.
Background

PACE Green Home Retrofit Program Could Be Revived by Congress

News articles

Court Ruling Revives PACE Clean Energy Finance Programs - Aug 29, 2011, Kit Kennedy, NRDC Switchboard

New House Bill Would Spur Lending for Efficiency Retrofits - Jul 20, 2011,

Editorials, Op-eds & Blogs

PACE Program Is Good for Banks and Property Owners - Mar 29, 2010, Greg Hale, NRDC Switchboard
E2 Statements/Letters

Signed E2 Letter Supporting Restoration of PACE Programs Nationwide (Oct 19, 2011)

E2 PACE Support Letter Signed (Sep 24, 2010)

Related publications

An Analysis of the Effects of Residential PV Energy Systems on Home Sales Prices in CA

Economic Impact Analysis of Property Assessed Clean Energy Programs
Current Status:

The PACE Assessment Protection Act of 2011 (HR 2599) was introduced on July 20, 2011 in the House of Representatives by Congresswoman Nan Hayworth (R-NY) and Congressmen Dan Lungren (R-CA) and Mike Thompson (D-CA). Additionally, a California federal district court judge issued an important ruling in the ongoing effort to revive PACE energy efficiency and renewable energy financing programs (blog on ruling).

Milestones:

Jul 20, 2011 - The PACE Assessment Protection Act of 2011 (HR 2599) was introduced in the House of Representatives by Congresswoman Nan Hayworth (R-NY) and Congressmen Dan Lungren (R-CA) and Mike Thompson (D-CA). Text of the Bill can be found directly below.

E2 Actions:

E2 Supports Restoring PACE Programs Nationwide (Oct 14, 2011)

E2 Supports Property Assessed Clean Energy (PACE) (Sep 24, 2010)


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