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 …

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 …

A Message from Two Mayors about PACE

The Hill, a web site covering Congress, politics, political campaigns and Capitol Hill, recently posted an opinion piece titled “Congress should let local communities set their own PACE,” written by Mayor Jeri Muoio Ph.D. (D), of West Palm Beach, Florida. and Mayor Rex Parris Read More …

Dec 15 Webinar to Present the Future of PACE — and What’s Possible Now

More than 140 people attended today’s webinar. We’ll post a link to the recording shortly. PACE, which stands for Property Assessed Clean Energy, represents a multi-billion dollar opportunity for New Jersey. New Jersey already has PACE legislation, but with deficiencies Read More …

Understanding the Conditional Veto of PACE in NJ

The following is the text of a public statement being distributed by NJPACE at this week’s NJ State League of Municipalities Convention in Atlantic City. You can download the PDF here. For the past three years, New Jersey PACE, a Read More …

Understanding the Conditional Veto Language

As you may have read, the Governor issued a Conditional Veto of the PACE bill (A2579) on Nov. 9, limiting the program to a “pilot” with a maximum of ten towns, and excluding any town that has received Transitional Aid or other Read More …

Business Leaders Urge Gov. Christie to Sign PACE Bill

Further to a broad email campaign by various nonprofit organizations, several key industry leaders have called or written to the Governor, asking him to sign the PACE bill (A2579/S1510), which has been on his desk since June 25. Here’s one Read More …

PACE Bill Passes NJ Legislature with Large Bipartisan Majorities

Along with the State Budget, and a hundred or so other bills, the final version of the PACE amending bill (A2579/S1510) passed with large bipartisan majorities in both houses of the New Jersey Legislature on Thursday (June 25, 2015). In Read More …

Invitation to the New Jersey PACE Summit — June 12, 2015, 8 a.m. – Noon

You are invited to be part of a historic summit! New Jersey is on the verge of passing new Property Assessed Clean Energy (PACE) legislation. Whether you are a mayor, economic development officer, CEO, CFO, builder, developer, property owner, financier, Read More …