To date, NASEO’s Financing Committee has learned about the potential for well-structured Property Assessed Clean Energy (PACE) programs to overcome barriers to energy efficiency and renewable energy projects, including high first costs, investment risk, the split incentive, and changes in property ownership. This conference call will build off of prior committee discussions by highlighting examples of states that have opted to design and administer PACE at the statewide level, rather than at the local level. Experts from Lean and Green Michigan and Connecticut’s Clean Energy Finance and Investment Authority (CEFIA) will discuss the statewide PACE models that they have launched and will highlight potential advantages and administrative cost savings compared to locally-administered PACE programs.
Welcome and Introductions
Jeff Pitkin, Treasurer, New York State Energy Research and Development Authority (NYSERDA)
Al Christopher, Virginia Department of Mines, Minerals, and Energy
Sandy Fazeli, Program Manager, NASEO
Statewide PACE: Considerations and Models
Jessica Bailey - Presentation - Director, Commercial and Industrial PACE, Clean Energy Finance and Investment Authority (CEFIA)
Andy Levin - Presentation - President, Lean & Green Michigan
To find out more about this call or NASEO’s Financing Committee, please contact Sandy Fazeli, Program Manager, at email@example.com.