Getting Ready for PACE in New Jersey — Part 13

In the last post, we looked at the Technical Evaluation and Review requirements; in this section we look at the Agency’s proposed fees. These are laid out in the table below. To summarize, there’s an initial application fee of $1000. Read More …

Getting Ready for PACE in New Jersey — Part 12

In our last post, we addressed the project process, as currently detailed in the draft guidelines. In this section we look at the Technical Evaluation and Review requirements. The standards in the current draft (V. 2) apply only to retrofits, Read More …

Getting Ready for PACE in New Jersey — Part 11

In the last post, we described the qualifications and responsibilities of participants in the C-PACE industry as spelled out in the Guidelines. This section now deals with the project process. The Project Process The project process begins with a Project Read More …

Getting Ready for PACE in New Jersey — Part 10

Qualifications and Responsibilities As we noted in the last section, the final C-PACE Guidelines have not been published yet, but the likelihood is that they will closely resemble the latest draft, which is version 2. Having covered property, property owner, Read More …

Getting Ready for PACE in New Jersey — Part 9

As noted in the previous section, the final C-PACE Guidelines have not been published yet, but the likelihood is that they will closely resemble the latest draft, which is version 2. So to begin with let’s cover property and project Read More …

Getting Ready for PACE in New Jersey — Part 8

The last section concluded our review of the PACE law. What we begin here is a consideration of the draft Guidelines issued by NJEDA, currently undergoing review in the Attorney-General’s office. It’s possible — likely even — that some details Read More …

Getting Ready for PACE in New Jersey — Part 7*

In Part 6 of this series, we discussed the option for municipalities and counties to establish their own local C-PACE programs, following the NJEDA’s guidelines. The next section of the law addresses financing, including retroactive financing: Financing for the implementation Read More …

Getting Ready for PACE in New Jersey — Part 6*

In Part 5 of this series, we described the opportunity, available to the top one-third of New Jersey municipalities by population, to establish their own local C-PACE programs. This post describes the application process, fees, and a few other details. Read More …

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 …

Getting Ready for PACE in New Jersey — Part 4*

In the last post, we briefly outlined the Garden State C-PACE legislation’s mandate and the reporting requirements. Here we look at the mitty-gritty —the implementation steps contemplated in the legislation. Within 270 days after the effective date of P.L. 2021, Read More …