PACE means Property Assessed Clean Energy, local government/community initiatives that creates permanent private sector jobs in America and makes our nation more energy secure by promoting energy efficiency and renewable energy projects in our homes and commercial buildings. PACE is voluntary and community based, not mandated by Washington. It provides long term funding from private capital markets at low cost and needs no government subsidies or taxes. PACE raises property values by making buildings less expensive to heat and cool and it enjoys broad bipartisan support nationwide at state and local levels. PACE enabling legislation has been adopted by a total of 27 states (including Hawaii, which had existing authority).

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