Charlene Heydinger and Matthew A. Thompson, Ph.D.

Nov 062013
 
The Property Assessed Clean Energy ACT (PACE) creates a new program administered by local governments in Texas. PACE programs use voluntary assessments to attract long term, affordable financing for energy efficiency and water conservation improvements to commercial and industrial property. Under PACE programs, a local taxing authority places a senior lien on a property to secure a loan used to make permanent improvements that increase energy efficiency, conserve water, or add renewables or...