Economics & Finance
The meteoric rise of Property Assessed Clean Energy (PACE) financing over the past few years has been surprising even to those working in clean energy finance. Since its inception in 2009, PACE has enabled $3.3 billion in renewable and energy efficiency investments in people’s homes, $2.8 billion of which occurred in 2016 alone.
2017 will usher in a new administration and likely some changes in federal energy policy. Despite the uncertainty of such change, one fact is clear: financing of energy efficiency investments is more important than ever.