PACE for CRE Owners

Commercial real estate owners spend roughly 30% of their operating budget on energy costs. PACE has a number of attractive features for building owners.

Benefits of PACE for Commercial Real Estate Owners

  • No up-front costs & funds available for up to 20 years
  • Immediate benefit to cash flow raises Net Operating Income
  • Solves split incentives issue
  • Increases building value & building efficiency
  • Treated like other property taxes and assessments
  • No additional debt load

Typical Projects that Save or Produce Energy

  • Lighting measures
  • Occupancy sensors
  • HVAC upgrades
  • Building envelope
  • Mechanical system modernization
  • Solar PV or Fuel Cells
  • Occupancy & day-lighting sensor

Energy Efficiency makes sense

PACENow developed a PACE for building owners presentation.