NJ About to Take a Giant Step Toward Greater Energy Efficiency

New Jersey has long sought to be a leader in energy efficiency. However, the state has had limited success in this intention.  Under the Christie Administration, the Clean Energy Fund was raided by half a billion dollars to balance the Read More …

Support Building for New Jersey PACE Bill

A letter of support for the passage and approval of the pending PACE bill (A1902/S1611) in New Jersey is gaining signatories from across the country and from many different stakeholder groups. The support letter reads in part: PACE resolves the Read More …

New Jersey PACE Bill Moves Forward — Cautiously

Update:The new Property Assessed Clean Energy (PACE) legislation — Senate Bill S1611— has been approved unanimously by the Senate Environment & Energy Committee, and is now moving to the Senate  Appropriations Committee, which may recommend some technical changes. Based on Read More …

NJPACE 2018 Update & Solar Conference Opportunity

Good News for PACE Stakeholders in New Jersey NJ Governor Phil Murphy supports PACE Property Assessed Clean Energy Dateline February 8, 2018 We expect the Governor to sign a PACE bill, soon, enabling the advantageous financing of commercial clean energy Read More …

Getting Your Municipality Onboard with PACE in 2018

Now that PACE seems certain to be approved in New Jersey in 2018, the biggest question facing us is that of municipal adoption. With 565 municipalities, getting a PACE ordinance approved and a program established could take months if not Read More …

Rolling Out Commercial PACE in NJ in 2018

New Jersey is about to experience a surge of new clean energy projects, unleashing a considerable amount of additional private financing for energy efficiency and renewables. Amendments to NJ’s existing PACE law are being passed in the NJ Legislature this Read More …

PACE Loans “Nothing Like Subprime Mortgages”

The Wall Street Journal recently published a story, picked up by dozens of other websites — with the ridiculously-sensationalist title, “America’s Fastest-Growing Loan Category Has Eerie Echoes of Subprime Crisis” — claiming that PACE loans are, in the words of the Read More …

Update on PACE Legislation in New Jersey

A number of organizations, including the new Coalition for PACE in New Jersey and ourselves, have been involved in working with the state legislature to craft a new law that will address the Governor’s concerns — as stated in last year’s Read More …

Launching a Coalition for PACE in New Jersey

In the wake of Governor Christie’s conditional veto of A2579/S1510, the action we’re taking is to initiate a coalition of key players to: (a) resolve any issues standing in the way of a new, comprehensive, and workable bill — acceptable Read More …