With the vast majority of our buildings handicapped by decades-old technology, making capital investments in energy and water efficiency solutions beyond the “low-hanging fruits” has become increasingly difficult. And while efficiency improvements undoubtedly save money in the long term, how to pay for them today and achieve maximum (and immediate) benefits is the real issue.
So what’s the solution? And how can we turn such financial obstacles into tangible opportunities?
Join Scott Ringlein, Technical Advisor to the US Department of Energy and Founding Partner of The Energy Alliance Group of North America, as we discuss how to fund comprehensive efficiency improvement, water conservation, and renewable energy projects while achieving ROI within year one and improving your bottom-line with the Property Assessed Clean Energy (PACE) funding program based on the mechanism used to finance public projects.
We’ll begin this educational training webinar by overviewing the current state of the industry and funding barriers. To overcome the funding challenges that prohibit many efficiency projects from moving forward, we’ll then take a look at the groundbreaking and time-tested PACE program that has completed more than $550MM of projects to date. Within this discussion, we’ll walk through the benefits of the PACE program (e.g. no out-of-pocket costs, short- and long-term savings, non-recourse, etc.) for facility and sustainability managers, building and property owners, and others. We’ll also dive in-depth into exactly how it provides a solution to a lack of project financing using the same property tax assessment mechanism that currently finances street, water, and sewer improvements. Next, we’ll discuss which projects and technologies qualify for PACE, exactly who funds PACE projects and how much is available, and how it compares to other efficiency improvement funding programs. Before opening it up for questions, we’ll wrap up the presentation by combing through a variety of case studies, real-life examples, and the steps needed to bring PACE to your state and community.
Attendees can expect the discussion and education of the following learning objectives:
- Review the current state of the industry and efficiency improvement funding hurdles.
- Identify the “who, what, why, where, and how much” in terms of PACE qualification and funding opportunities.
- Unearth key due diligence points and the funding application and approval process.
- Understand the PACE financial model through real-life examples and how it achieves a ROI within year one.
- Determine how to adopt PACE to fund efficiency upgrades and bolster your bottom-line.
* Presentations are scheduled for approximately one hour with a 15-20 minute question and answer session to follow. Presentation may exceed scheduled time.
* Each state and certification agency has different requirements; it is your responsibility to know what they are.
Note that 1 PDH = 0.1 CEU.