Upgrading buildings for energy efficiency and adding renewable energy, like solar panels, just got easier for people in Chippewa County. A new financing tool called Property-Assessed Clean Energy, or PACE, will now help businesses, farms, multi-family housing, nonprofits, and places of worship adopt these energy technologies. PACE provides project financing that is repaid as a separate item on property tax assessments for a set period. In this way, PACE eliminates the burden of upfront investments by providing low-cost, long-term financing.
The UMVRDC will provide technical assistance to help Chippewa County through marketing materials and outreach to ensure residents in Chippewa County are aware of the program and know how to access its resources. To learn more about the PACE program visit: http://energy.gov/eere/slsc/property-assessed-clean-energy-programs.
Questions? Please contact Kristi Fernholz at kristi.fernholz@umvrdc.org.
