Tag Archives: Property-Assessed Clean Energy (PACE)

Is Solar Energy an Option for Your Farm?

By Taylor Leach, Agweb, Powered By The Farm Journal

During the Professional Dairy Producers of Wisconsin 2021 Business Conference, Adam Wehling, Dean of Agriculture, Energy and Transportation at Chippewa Valley Technical College, spoke on how to easily incorporate a solar energy system onto your ag operation. According to Wehling, these systems can be easily integrated into your existing facilities, can improve the efficiency of the systems you currently have and can reduce your overall energy cost. Factors to Consider: Continue reading here.

Photo: Don Gasper’s Farm Near Lindsay, Nebraska. See Solar Examples for more solar projects on local farms. 

SOLAR WATER PUMPS

An equitable and reliable solar power grid for farmers, by Praveen Jain, IEEE Medal in Power Engineering recipient, Solar Power World

Born in rural India and being at the global forefront of technology over the past 40 years, I can say with certainty that farmers in many countries are not seeing the true benefits of solar power. Possibly the biggest and best benefit of solar power for farmers is solar water pumps used for irrigation. Powered by sunlight that is harvested through photovoltaic (PV) panels, solar pumps boost crop yield, promote efficient water use and reduce power consumption and greenhouse gas emissions. Off-season, these solar installations can feed power to the local grid, providing extra income for farmers.

REGENERATIVE FARMING

U.S. FARMERS & RANCHERS IN ACTION REPORT

Transformative Investment in Climate-Smart Agriculture Unlocking the potential of our soils to help the U.S. achieve a net-zero economy

This report focuses on six established practices: 1) no-till/reduced tillage with retained residues, 2) cover crops, 3) crop rotation, 4) compost application 5) managed grazing, and 6) integrated crop and livestock systems—all of which improve soil health, sequester carbon and produce numerous co-benefits such as reduced erosion, increased water infiltration, and economic and environmental resiliency. With technology and financial innovation targeted at specific practice adoption barriers, these benefits will accrue on the farm, throughout rural America and the agriculture value chain, and the nation as a whole.

PACE

Spotlight on PACE: PACE Projects From Downtown Redevelopments to Dairy Farms,  National Law Review

Before taking a look at some of the ways the market has used PACE over the last few years, here’s a synopsis of just what exactly PACE (Property Assessed Clean Energy) is.

Links to PACE Resources

 

 

 

Nebraska passed PACE-enabling legislation in 2016.

INNOVATIVE VIRGINIA PROGRAM

In Virginia, solar ‘barn raisings’ bring power to families in need, by Elizabeth McGowan, Energy News Network

A pair of Shenandoah Valley nonprofits have launched a fund to cover the upfront cost of outfitting Habitat for Humanity homes with photovoltaic panels that help put a dent in homeowners’ utility bills.

ALSO OF POTENTIAL INTEREST

City adopts financing tool for environmentally friendly projects

By Tony Herman, Hastings Tribune

Hastings became the latest Nebraska city to adopt Property Assessed Clean Energy program when the Hastings City Council approved the program’s manual, application and contract form during the council’s regular meeting Jan. 13. Participation in PACE promotes energy efficiency and the use of renewable energy as an economic development tool. PACE financing is for commercial real estate and finances energy efficiency, water conservation and renewable energy systems. PACE loans serve as gap financing, so the developer would not have to spend as much of its capital to undertake an energy efficiency component of a project. Read more here.

Photo of the Nebraska State Capitol by Rick McCharles / Creative Commons. The Nebraska Legislature passed PACE-enabling legislation in 2016.

MORE NEBRASKA NEWS

CONSERVATION NEBRASKA’S COMMON GROUND EDUCATION PROGRAM 

Workshop aims to build ‘A Sustainable You’ in 2020, by Tim Johnson, The North Platte Telegraph
The meeting was the kickoff to a yearlong program with monthly themes for Conservation Nebraska’s Common Ground Program. Solar energy will be February’s topic.

Links to More Information

Lincoln City Council to Discuss & Vote on Property Assessed Clean Energy Ordinance Monday, August 27th

Announcement from Ken Winston, Director of Policy & Outreach,
Nebraska Interfaith Power & Light

There will be a discussion and vote on PACE (Property Assessed Clean Energy) at the Lincoln City Council meeting on Monday, August 27th at 5:30 pm, rescheduled from July 23rd.

Join Nebraska Interfaith Power & Light and allied organizations for the meeting at the City/County Building, 555 S 10th Street, Lincoln, Nebraska 68508 to have your voice heard!

You can also contact City Council members anytime beforehand with your comments here.

If you contact Council member Roy Christensen, be sure to thank him for bringing this ordinance before the Council.

PACE is a vital tool that will help to expand our use of clean energy and improve outdated buildings. Click on these links to learn more:

SEIA Whitepaper – Expanding Solar Deployment Opportunities in the Commercial and Industrial Sector: An Introduction to Property Assessed Clean Energy

SEIA_40th_Anniversary_Logo

The Commercial and Industrial sector represents an extraordinary opportunity to deploy solar energy, but it has experienced relatively slow growth due to a wide range of complexities in ownership structure, creditworthiness of the end-consumer, and other issues. The Solar Energy Industries Association (SEIA) and a diverse group of industry experts–convened as the SEIA Finance Initiative and its Commercial Real Estate Working Group–investigated the opportunity, associated barriers, and potential solutions of this underserved market. The culmination of the effort is the whitepaper: Expanding Solar Deployment Opportunities in the C&I Sector: An Introduction to Property Assessed Clean Energy (PACE).

Press Release from the Office of Senator Ken Haar: Opportunities for Nebraskans

nebraska-capitol

Senator Tyson Larson and Senator Ken Haar, co-chairs of the LR 455 Committee of the Legislature, announced a series of hearings about Opportunities for Nebraskans related to affordable energy efficiency and renewable energy development for communities, businesses and homes. Hearings will be held September 27th at the Broken Bow Middle School and September 28th at the State Capitol in Lincoln. Topics for the hearings will be solar energy development and energy financing, with a particular emphasis on PACE (Property Assessed Clean Energy).

  • On September 27th at 10 a.m. in Broken Bow, the committee will hear presentations on energy financing, including PACE and will follow with solar energy development at 1:30 p.m.
  • On September 28th beginning at 9 a.m. in room 1525 of the State Capitol, the committee will hear about solar energy development followed by energy financing, including PACE beginning at 1:30 p.m. At both sites, the hearings will begin with presentations from experts invited to share their knowledge of the topics at hand, and then will be opened up for testimony from the public.

“These hearings are about opportunities,” said Senator Ken Haar. “We want Nebraskans to learn how they can reduce their energy bills through developing PACE programs or using other financing programs from the Nebraska Energy Office to make their homes and businesses more energy efficient. PACE and the Energy Office programs can also provide financing for renewable energy projects, including helping people put up solar panels.”

“We also want to make people aware of the opportunities for solar development,” said Senator Tyson Larson. “We are just beginning to scratch the surface of the possibilities for solar energy in Nebraska. It is very exciting to hear about all the new renewable energy developments happening in our state.”

PACE is a new program authorized by the 2016 Legislature. It authorizes municipalities to set up programs to finance energy efficiency and renewable energy projects for businesses and homes in which the projects are paid off through an assessment on the property where the project is located. There are many attractive aspects of PACE programs, including the ability to finance projects that may have more upfront cost but provide more long-term benefits. In addition, PACE programs can provide one-stop service that encompasses financing, contracting and repayment through one program.

For more information contact Ken Winston, Legislative Aide to Senator Ken Haar, 402-471-2673 or kwinston@leg.ne.gov

President Obama unveils executive actions to drive distributed energy growth

Photo: Utility Dive

Photo: Utility Dive

By Gavin Bade, Utility Dive

PACE: Property Assessed Clean Energy

Excerpt
With the addition of a new $1 billion loan guarantee program, the White House said in a fact sheet that more than $10 billion in guarantees are now available for innovative distributed energy projects. But perhaps more significant in the long term are changes to the PACE program aimed at allowing more Americans the chance to deploy solar with no money down.

Under the new FHA guidance, the administration will allow homeowners with mortgages it underwrites to purchase properties with solar panels deployed under the PACE program. Under PACE, homeowners can pay off energy upgrades over time on their property taxes. The new guidance will allow those with FHA loans to buy houses with PACE contracts and assume payment for the energy facility when ownership is transferred. Greentech Media has a good in-depth look at the PACE program changes here.

Read the entire article here

PACE Resources
What is PACE Financing?
http://www.pacenow.org/about-pace/
http://www.pacenow.org/pace-programs/

States with PACE Enabling Legislation, PACE Legislative Checklist, Legislation Protocol
http://www.pacenow.org/resources/pace-enabling-legislation/

Cities/Counties with PACE Programs
http://www.pacenow.org/pace-programs/#table