Commercial PACE Funding Models: What Contractors Need to Know

Partner Emerson Lotzia summarizes the components of the Property Assessed Clean Energy (PACE) program, saying the program allows businesses to pay for energy retrofit equipment through their property tax bills and connects building owners, energy service companies (ESCO), lenders, and bondholders. He also provides an overview of the program’s three models, including the ESCO qualifications and energy contracting terms and conditions unique to each PACE model.