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 …

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 …

“PACE Doesn’t Put Lenders at Risk,” Study Says

A recent post by Katherine Tweed in Greentech Media reports the results of a study intended to determine if having a PACE Assessment on the property adversely affects the existing mortgage lender. Here are a couple of excerpts (read the 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 …

NJPACE: Atlantic City Press Release

Press Release (last updated: Thursday, September 4, 2014) “The opportunity is for Atlantic City’s major property owners to save significant amounts of money on ever-increasing energy costs – while creating jobs and reducing carbon pollution. New Jersey PACE, a 501(c)(3), Read More …

Atlantic City: Jumpstarting Economic Development through PACE

Atlantic City is in the midst of its worst ever economic crisis. With three of its major casinos closing, resulting in the loss of more than 7,500 jobs; with a 29% property tax hike; and a huge decline in the Read More …

Atlantic City Press Event Sept 4 @ 5 p.m.

PressAdvisory-NJPACE-AtlanticCity4Sept2014 You’re invited to participate in a special media event at The Warwick, S Richmond Ave, Atlantic City, on Thursday, September 4, 2014, at 5 p.m. ​J​oin ​Atlantic City ​Councilman Tim Mancuso ​as he introduces a program to reduce energy Read More …

Calling for Project Pre-Applications

If you’re an interested property owner, or an energy services contractor or renewable system installer, we invite you to submit a Project Pre-Application to determine your eligibility. There’s no cost to submit the Pre-Application. If your project is deemed eligible, we will Read More …