The latest version of the New Jersey C-PACE bill (S1953) was approved on June 15 by the Senate Environment and Energy Committee. The bill now goes to the Senate Budget and Appropriations Committee on June 17, where it is expected Read More …
As we understand it, as of late December 2020 the Senate bill (S1953) was expected to move forward in January 2021, according to the bill’s sponsor, Senator Bob Smith. The C-PACE Alliance, which includes a majority of the established C-PACE Read More …
In July the NJ Assembly passed A2374 (available here) by a vote of 68 to 6. The bill, sponsored by Assemblyman Raj Mukherji (Hudson) and Assemblywoman Nancy Pinkin (Middlesex), essentially rewrites the existing (and nonfunctioning) PACE statute of 2011 (PL Read More …
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 …
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 …
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 …
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 …
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 …
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 …
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 …