Getting Ready for PACE in New Jersey — Part 5*

In the last post, we described the essential features of the program as laid out in the legislation. The next section addresses “Local C-PACE program[s].” This is somewhat ambiguous because all NJ C-PACE programs require a local ordinance; but in Read More …

Garden State C-PACE Draft Guidelines to be Released April 14

New Jersey’s Economic Development Authority (NJEDA) is releasing draft guidelines for the new Garden State C-PACE program for a one-month public comment period, and hosting an information session on April 14. The Authority posted this as a press release on Read More …

Upcoming Information Session on NJ’s Garden State C-PACE Program

The NJEDA has scheduled a first Information session on the new Garden State C-PACE program for Thursday, October 20, 1-2:30 pm. Click here or the image below for the registration page. New Jersey’s new Garden State C-PACE law (P.L. 2021, Read More …

Further Update on PACE Legislation in New Jersey

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 …

Stormwater Fees the Perfect Opportunity for PACE

February 14, 2019: NJ’s new stormwater utility bill (A2694/S1073) authorizes municipalities to collect fees on parking lots and other impervious surfaces to fund improvements to failing stormwater systems. But it has many commercial property owners concerned that they will now 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 …

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 …