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PACE Financing in Sonoma County

PACE Financing in Sonoma County. Residential and Commercial Energy Financing Workshop October 8, 2014. Having the Foundation. Common Community Goals Political will and support Existing partnerships to leverage competencies, minimize duplication and decrease consumer confusion

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PACE Financing in Sonoma County

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  1. PACE Financing in Sonoma County Residential and Commercial Energy Financing Workshop October 8, 2014

  2. Having the Foundation • Common Community Goals • Political will and support • Existing partnerships to leverage competencies, minimize duplication and decrease consumer confusion • Utility Support • Legislation

  3. PACE Goals • Reduce greenhouse gas emissions • Increase energy independence • Educate property owners in recognizing the value of energy upgrades • Decrease property owner utility costs • Create jobs & increase investment the local economy • Maximize current collaborative partnerships and create new ones

  4. PACE Financing Highlights * Source: American Council for an Energy Efficient Economy (ACEEE) How Does Energy Efficiency Create Jobs fact sheet

  5. Improvement Types using PACE

  6. Greenhouse Gas Reduction Results

  7. Fortifying the Foundation • Incorporate climate adaptation and community resilience strategies • Provide neutral third party information to the consumer • Leverage zero net energy goals • Balance relationships • between IOU’s, • POU’s, CCA’s and • County departments

  8. Challenges / Opportunities • Getting the message out • Building performance • Tell the stories – savings, ROI, health, comfort • Replication Manual available on-line ! • Acceptance by banks and lenders • Interest rate competition, new class • Secondary investment market development • On-bill financing for tenants

  9. Contact Information Jane EliasProgram Manager Sonoma County Energy Independence Program2300 County Center Drive, Suite A105Santa Rosa, CA 95403707-565-6483jane.elias@sonoma-county.org

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