For Immediate Release
PACE PROGRAM SETS APPLICATION DEADLINE
ANN ARBOR, Mich., July 30, 2012 — The PACE Administrator has set September 1, 2012 as the due date for PACE applications. Applications received by September 1 will be processed for inclusion in the first PACE bond issuance. PACE is a special financing mechanism available to commercial property owners within the City of Ann Arbor to support energy efficiency and renewable energy projects at their properties. Through voluntary special assessments, property owners have access to financing at lower fixed rates and longer repayment terms than traditional loans.
Commercial properties—defined as any property that is not a single family home, duplex or certain townhouses—may apply for energy projects such as heating and air conditioning equipment, lighting, system controls, insulation and weather sealing, cool roofs, windows and doors, geothermal systems, energy star appliances and solar photovoltaic systems.
More information on the PACE program and other City of Ann Arbor energy initiatives is available at www.a2energy.org. The PACE Program Administrator can be contacted at PACE@a2gov.org. Ann Arbor’s PACE program is a joint program of the City of Ann Arbor and Clean Energy Coalition.
Ann Arbor has 114,000 residents, spans 27.7 square miles, and is frequently recognized as a foremost place to live, learn, work, thrive and visit (www.a2gov.org/news). To keep up with City of Ann Arbor information, subscribe for e-mail updates (www.a2gov.org/subscribe), follow us on Twitter (http://twitter.com/a2gov) or become a city fan on Facebook (www.facebook.com/thecityofannarbor). The city’s mission statement reads: The city of Ann Arbor is committed to providing excellent municipal services that enhance the quality of life for all through the intelligent use of resources while valuing an open environment that fosters fair, sensitive and respectful treatment of all employees and the community we serve.
Clean Energy Coalition is dedicated to promoting clean energy technologies as a way to create healthier, energy independent communities. Since 2005, Clean Energy Coalition has implemented, managed and evaluated cost-effective, market transformation projects and programs in the building and transportation sectors valued at more than $60 million. For more information, visit http:// cec-mi.org.