Adam Rose, Dan Wei, Justin Strachan – Impacts of Property Assessed Clean Energy Programs
[Slides]Impacts of Property Assessed Clean Energy Programs – Adam Rose, Dan Wei, and Justin Strachan
Property Assessed Clean Energy (PACE) financing represents a simple and effective way to provide affordable financing for a wide range of property improvements designed to conserve energy and water, as well as make our homes, businesses, and infrastructure more resilient to environmental risks.
REMI cordially invites you to join us for a guest webinar presentation on Wednesday, November 14th from 2 to 3 p.m. EST by Adam Rose and Dan Wei, professors at the University of Southern California’s Sol Price School of Public Policy, and Justin Strachan, Policy and Legislative Associate at Ygrene Energy Fund. They will present their analysis of the impacts of the PACE programs administered by Ygrene, including existing examples in California, Florida, and Missouri.
Established by state legislation and enabled by local governments, PACE leverages private capital to upgrade existing homes and buildings to reduce energy consumption, promote renewable power, and mitigate against the effects of natural disasters. The improvements are repaid over time through a special assessment on the property owner’s property tax bill.
For this webinar, the presenters will discuss the impacts PACE financing has on the built environment, natural environment, and economic vitality of the communities that these programs serve. They will show how they evaluated these complex effects using the REMI PI+ economic impact analysis model.