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 …

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 …

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 …

NJ PACE 2015 Summit to Focus on What’s Possible for New Jersey

The theme of this year’s New Jersey PACE Summit is “PACE: what’s possible for New Jersey?” The subtitle gives part of the answer: “Resiliency • Clean Energy • Jobs”— these are the major elements of the story, that will be explored at Read More …