Insights & Resources
PACE Financing Resource Center
Property owners throughout the Midwest are using PACE financing to unlock energy saving and renewable energy opportunities. PACE allows them to pay for energy efficiency and renewable energy technologies through special assessments paid with their property taxes. The mechanism provides access to long-term, fixed-rate financing. In well-structured transactions, PACE allows property owners to avoid up-front cash outlays, and the savings realized from the project can equal or exceed the special assessment costs.
Bricker's Economic Development team has been at the forefront of the burgeoning PACE market. Our attorneys have unmatched experience guiding clients through all phases and types of PACE transactions. Advising on PACE laws, PACE program structure and PACE projects throughout the region, we have gained national notoriety for our knowledge and experience within this specific area of law. Specifically, we are partners with C-PACE Alliance and PACENation, we have been selected as a Commercial PACE Working Group C-PACE Advisor by the United States Department of Energy and we are regular speakers at national events.
We have created this resource to highlight the opportunities, challenges and mechanics of PACE financing.
Total Ohio PACE Financing to date:
- Interactive Map: Ohio PACE Programs
- Interactive Map: Kentucky PACE Programs
- WHITE PAPER – Property Assessed Clean Energy: PACE Financing in Ohio
- C-PACE Alliance Publications
- Ohio PACE Financing Info Sheet
- Ohio PACE Financing Process Outline
- Kentucky PACE Financing Info Sheet
- Kentucky PACE Financing Process Outline
- Summary of 2019 PACE transactions in Ohio
Ohio S.B. 221: A summary of its advanced energy and energy efficiency provisions - updated January 2014More
Columbus setting the “PACE,” according to Kalvas in Columbus Business First article
According to public finance attorney and PACE advisor Colin Kalvas in his article “Columbus setting the PACE nationally for commercial energy efficiency and sustainability financing,” PACE is a winning option for a variety of stakeholders, including property owners, tenants and lenders.More Nov 4, 2019
Bell featured on Debtwire: PACE financing likely to expand as a result of regulation, securitization
According to Bricker attorney Caleb Bell, PACE financing is “becoming its own unique asset class.” New developments in standardization and regulation are likely to increase the popularity of PACE bonds with investors.More Jul 15, 2019