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PACE Financing

For more information on Ann Arbor's PACE program, or if you are a commercial property owner interested in PACE financing, please first review the PACE report and other materials below and at right, or learn more about the program at a2energy.org/commercial-savings. For additional questions contact: pace@a2gov.org or 734-794-6430 x43714. 

 

 
PACE Application for Commercial
property owners

 


PACE program Report (5.3 MB)

 

 

Background:

In December of 2010, Michigan passed legislation which authorizes local governments to create Property Assessed Clean Energy (PACE) districts to finance efficiency improvements and renewable energy systems to commercial and industrial properties through voluntary special assessments. Building owners benefit by saving energy and the community benefits from the economic stimulus, improved property valuation, increased employment and reduction of greenhouse gas emissions.

Participation is limited to projects that demonstrate energy savings greater than their costs, so that participants' costs before, during and after the PACE assessment will resemble the chart below:

Chart showing energy savings over time

 PACE PRESS RELEASES:

March 13, 2013 - City Sells First PACE Bonds in Michigan
October 3, 2011 - City Council Establishes PACE District.pdf
September 20, 2011 - City Council Passes Intent to Establish PACE


 PACE Downloads:

PACE
Program Report -
As required by PA 270 of 2010 (4 MB)

 

PACE Application Package (2.8 MB)

PACE Project Spreadsheet

PACE Frequently Asked Questions

01-9-12 Final List of Pre-Qualified auditors.pdf
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       CONTACT:

For more information on Ann Arbor's PACE program, please contact pace@a2gov.org or 734-794-6430 x43714

 


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