Title
Property Assessed Clean Energy (B)
This is a request for the City Commission to receive the Property Assessed Clean Energy (PACE) program presentation.
Explanation
On January 6, 2016, the Community Development Committee heard a presentation on the status of the Property Assessed Clean Energy program (PACE). Alachua County Staff has been working to develop the PACE program locally that is now operational and available countywide.
Buildings account for up to 50% of a community’s energy use and approximately 40% of its Greenhouse Gas emissions. Improving efficiency and installing renewable energy generation in commercial and residential buildings help communities reduce their energy costs, conserve energy, and reduce Greenhouse Gas emissions. One of the main barriers to making improvements in energy efficiency or renewable energy production is the up-front cost of these systems. Local governments across the US are recognizing this barrier and are overcoming it by participating in PACE.
What is PACE?
PACE (Property Assessed Clean Energy) eliminates a main barrier of upfront costs by allowing property owners to pay off energy efficient and/or green energy upgrades or wind mitigation improvements through a voluntarily non ad valorem assessment on their property tax bill. To create an economy of scale of service, communities in Florida are joining together via interlocal agreement with Third Party Administrated PACE providers.
What can be funded through PACE?
PACE can be used to fund energy efficiency improvements, wind resistance measures, and renewable electricity generation including but not limited to solar water heating systems, air sealing and ventilation systems, efficient doors and windows, insulation, “cool” roofs, water heaters, pool pumps, lighting fixtures and controls, storm shutters, wind resistant shingles, high impact windows and doors, photovoltaic systems, EV charging, and small wind turbines.
PACE Providers Approved by Alachua County...
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