Download or read book PACE Loan Program written by and published by . This book was released on 2019 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Impacts from the Boulder County Colorado ClimateSmart Loan Program written by Marshall R. Goldberg and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Impacts from the Boulder County Colorado ClimateSmart Loan Program written by Marshall R. Goldberg and published by . This book was released on 2011 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the economic impacts (including job creation) from the Boulder County, Colorado, ClimateSmart Loan Program (CSLP), an example of Property-Assessed Clean Energy (PACE) financing. The CSLP was the first test of PACE financing on a multi-jurisdictional level (involving individual cities as well as the county government). It was also the first PACE program to comprehensively address energy efficiency measures and renewable energy, and it was the first funded by a public offering of both taxable and tax-exempt bonds. The first phase of the residential CSLP financed about $9.8 million in residential energy retrofits, most of which were completed in 2009. This report focuses on 598 project invoices and $9.0 million in project spending. The report provides a program overview and economic impact analysis of program spending and energy savings using an input-output (I-O) model. The report also provides a qualitative assessment of factors that affected the resulting economic impacts, and profiles some program participants and contractors. The analysis focuses on Boulder County benefits but also includes an assessment of associated statewide economic benefits.

Download or read book Economic Impacts from the Boulder County Colorado Climatesmart Loan Program written by National Renewable Energy Laboratory (Nr and published by . This book was released on 2015-02-15 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Download or read book Transferring PACE Assessments Upon Home Sale written by and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A significant barrier to investing in renewable energy and comprehensive energy efficiency improvements to homes across the country is the initial capital cost. Property Assessed Clean Energy (PACE) financing is one of several new financial models broadening access to clean energy by addressing this upfront cost issue. Recently, the White House cited PACE programs as an important element of its 'Recovery through Retrofit' plan. The residential PACE model involves the creation of a special clean energy financing district that homeowners elect to opt into. Once opted in, the local government (usually at the city or county level) finances the upfront investment of the renewable energy installation and/or energy efficiency improvements. A special lien is attached to the property and the assessment is paid back as a line item on the property tax bill. As of April 2010, 17 states have passed legislation to allow their local governments to create PACE programs, two already have the authority to set up PACE programs, and over 10 additional states are actively developing enabling legislation. This policy brief analyzes one of the advantages of PACE, which is the transferability of the special assessment from one homeowner to the next when the home is sold. This analysis focuses on the potential for the outstanding lien to impact the sales negotiation process, rather than the legal nature of the lien transfer itself. The goal of this paper is to consider what implications a PACE lien may have on the home sales negotiation process so that it can be addressed upfront rather than risk a future backlash to PACE programs. If PACE programs do expand at a rapid rate, the chances are high that there will be other cases where prospective buyers uses PACE liens to negotiate lower home prices or require repayment of the lien as a condition of sale. As a result, PACE programs should highlight this issue as a potential risk factor for the sake of full disclosure. A good example of this is in Boulder County where the following statement is included in the ClimateSmart PACE program materials: 'Please Note: There is no legal requirement that the loan be paid off when you refinance or sell your home. However, this may be an item subject to negotiation with a future buyer and may also be a matter of negotiation with the mortgage lender.' Such candid disclosure for what might be a low risk event can be debated. However, a selling point of PACE programs is the transferability of the lien to the new homeowner. To the degree this benefit is questioned, PACE programs may end up looking more like home equity loan financing, with the associated debt repaid at closing, rather than property-based financing that remains with the improved home. While it is possible that upfront disclosure might negatively impact participation rates in PACE programs, it also will protect the integrity of a PACE program in later years if such situations come to pass. Ideally, this will become less of an issue over time as more homebuyers understand the positive economic and societal benefits of owning a home with clean energy features.

Download or read book PACE and the Federal Housing Finance Agency FHFA written by and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The FHFA regulates Fannie Mae, Freddie Mac, and the 12 Federal Home Loan Banks (the government-sponsored enterprises - GSEs). On June 18, 2009, James B. Lockhart III, then Director of FHFA, released a letter expressing concern about the negative impact of energy loan tax assessment programs (ELTAPs) - also known as Property Assessed Clean Energy (PACE) programs - on both the housing finance system and homeowner program participants. Subsequently, a number of PACE proponents responded to the concerns laid out in the FHFA letter. In early Fall 2009, word circulated that FHFA was planning to follow its June letter with guidance to other agencies, possibly including Fannie Mae and Freddie Mac, discouraging them from buying loans on properties subject to PACE-type assessment liens. This triggered a second round of stakeholder letters, several of which were addressed to President Obama. On October 18, 2009, the White House, in what some believe was an attempt to obviate the need for FHFA guidance, released a Policy Framework for PACE Financing Programs that outlined best practices guidance for homeowner and lender protection. As of February 2010, FHFA and the GSEs have agreed to monitor PACE programs and work with stakeholders and the Administration to consider additional guidance beyond the Policy Framework and to collect more information on PACE program efficacy and risks. A summary of the communications timeline and highlights of the communications are provided.

Download or read book Economic Impacts from the Boulder County Colorado ClimateSmart Loan Program written by Marshall R. Goldberg and published by . This book was released on 2011 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the economic impacts (including job creation) from the Boulder County, Colorado, ClimateSmart Loan Program (CSLP), an example of Property-Assessed Clean Energy (PACE) financing. The CSLP was the first test of PACE financing on a multi-jurisdictional level (involving individual cities as well as the county government). It was also the first PACE program to comprehensively address energy efficiency measures and renewable energy, and it was the first funded by a public offering of both taxable and tax-exempt bonds. The first phase of the residential CSLP financed about $9.8 million in residential energy retrofits, most of which were completed in 2009. This report focuses on 598 project invoices and $9.0 million in project spending. The report provides a program overview and economic impact analysis of program spending and energy savings using an input-output (I-O) model. The report also provides a qualitative assessment of factors that affected the resulting economic impacts, and profiles some program participants and contractors. The analysis focuses on Boulder County benefits but also includes an assessment of associated statewide economic benefits.

Download or read book A Pace Program in Alberta written by and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The lien is supposed to be attached to the property and not the owner, but the U. S. has seen numerous instances in which buyers insisted the PACE lien be paid off before the sale closed or demanded that the seller lower the asking price to account for the loan's outstanding balance. [...] The goal of this paper is to provide the government and the public with an understanding of how the PACE program works in general terms and the key issues and challenges that will have to be addressed based on the experience with PACE programs in the U. S., Nova Scotia and Ontario. [...] While proponents of PACE also argue that an attractive feature of a PACE loan is that it is tied to the property and not the current owner of the property, the U. S. experience indicates that many new owners ask that PACE loans be paid off before the property is transferred to them. [...] Furthermore, if the reduction in the present value of future energy costs does not exceed the cost of an energy efficiency upgrade, the value of the property will decline even if the PACE loan is not paid off when a property changes hands. [...] In this section, we review the experience with PACE programs in the United States, Nova Scotia and Ontario.2 3.1"PACE in the U. S. The long and varied experience with PACE programs in the U. S. highlights the issues and problems that arise with their adoption.

Download or read book Live in a Home that Pays You Back written by Anna DeSimone and published by FriesenPress. This book was released on 2021-07-21 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring programs and resources for the U.S. and Canada “An authoritative and comprehensive overview of the benefits of energy-efficient homes.” –Kirkus Reviews Whether you are planning to build, buy, or retrofit a home, this illuminating book takes you on a virtual tour of the home of the future. Award-winning author and respected housing expert Anna DeSimone lights the way for enjoying a home that is healthier, more comfortable, saves money, and reduces your carbon footprint. A practical reference guide that can be used for years to come, this book uncovers every part and parcel of the sustainable home, with clear explanations, helpful infographics, and hundreds of follow-up resources. An eye-opening look at the health benefits of energy-efficient homes, trends in household energy use, and its effect on greenhouse gas emissions. Explains a home’s true cost of homeownership after factoring lowered utility costs, enhanced property value, mortgage discounts, and other financial incentives. The “whole-house efficiency blueprint,” chapter describes how things work, along with eco-friendly options for roofs, siding, insulation, doors, windows, lighting, appliances, water conservation, heating, cooling, ventilation, heat pumps, air- and heat-exchange systems, indoor air quality, and more. Renewable energy options covered include solar photovoltaic systems, wind energy, geothermal, hydro-electric power, and biomass. You’ll learn the infrastructure for grid-connected systems, billing credits, net metering, solar power purchase agreements, renewable energy certificates, and how positive energy can bring cash rewards. Learn about the popular “zero energy ready” program, a high-performance home that is pre-wired with a renewable energy component. National green-building certification programs covered, such as Net Zero, Passive Home, Zero Carbon, etc. for the U.S. and Canada. Everything you need to know about home energy scores and ratings. Explains evaluations for programs by the U.S. Department of Energy, RESNET HERS, and Canada EnerGuide. The home building opportunities will inspire you to roll up your sleeves and be the general contractor. Explains construction for modular, manufactured, log and timber, and prefab home kits, along with photos of model homes. Learn how smart home technology helps monitor the health and safety of your family and pets. Important guidance about environmental toxins, biological pollutants, and non-toxic solutions. Mortgage financing covers down payment assistance, nationwide energy-efficient mortgage programs, PACE financing, mortgage qualification guides, and how to roll the retrofit costs into the mortgage. Features programs for U.S. and Canada. Comprehensive directory of rebates and incentives for all U.S. states and Canada provinces. Find out about cash rebates and financial incentives from utility companies and local municipalities, along with key local government policies such as solar and wind access rights, and net metering laws.

Download or read book Economic Impacts from the Boulder County Colorado ClimateSmart Loan Program written by Marshall R. Goldberg and published by . This book was released on 2011 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the economic impacts (including job creation) from the Boulder County, Colorado, ClimateSmart Loan Program (CSLP), an example of Property-Assessed Clean Energy (PACE) financing. The CSLP was the first test of PACE financing on a multi-jurisdictional level (involving individual cities as well as the county government). It was also the first PACE program to comprehensively address energy efficiency measures and renewable energy, and it was the first funded by a public offering of both taxable and tax-exempt bonds. The first phase of the residential CSLP financed about $9.8 million in residential energy retrofits, most of which were completed in 2009. This report focuses on 598 project invoices and $9.0 million in project spending. The report provides a program overview and economic impact analysis of program spending and energy savings using an input-output (I-O) model. The report also provides a qualitative assessment of factors that affected the resulting economic impacts, and profiles some program participants and contractors. The analysis focuses on Boulder County benefits but also includes an assessment of associated statewide economic benefits.

Download or read book Grid Parity written by CLP Beck CEM and published by CRC Press. This book was released on 2020-12-22 with total page 781 pages. Available in PDF, EPUB and Kindle. Book excerpt: Grid Parity provides an in-depth examination of the knowledge, insights, and techniques that are essential to success in financing renewable energy projects. An energy project finance expert with 35 years of experience in capital asset financing, the author provides a comprehensive overview of how to finance renewable energy projects in America today. He explores all components of "the deal" including tax, accounting, legal, regulatory, documentation, asset management and legislative drivers to this dynamic growth sector. Filled with case studies, the book provides a thorough examination of what it takes to compete in the green-energy marketplace.

Download or read book Personal Finance written by Barbara Friedberg and published by Bloomsbury Publishing USA. This book was released on 2015-04-14 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: This jargon-free resource explains the who, what, why, and where of contemporary personal finance in simple, easy-to-grasp language, covering the key people, events, terms, tools, policies, and products that make up modern money management. The ideal roadmap to 21st-century financial literacy, this layman's encyclopedia discusses ideas, concepts, events, and people that inform money management and personal finance. It explains the intricacies of things like investing, saving, debt, credit, and mortgages, and it drills down into complexities like the difference between 401(k) and 403(b) retirement plans. Entries invite the reader to explore common financial topics, such as seeking credit counseling, using credit cards, buying a home, and choosing insurance. Issues such as identity theft, derivatives, and taxes are explored as well. The unique work is topically organized with contributions from both academics and financial professionals. Entries are augmented by entertaining sidebar anecdotes and a glossary, and there is a useful feature that connects readers to online sources, enabling them to keep up with this fast-changing field. A one-stop resource ideal for individuals seeking to understand personal finance, this book will also prove valuable to students taking courses in finance and economics. All readers will come away better equipped to profit from money management and more skilled at making smart financial decisions.

Download or read book Federal Register written by and published by . This book was released on 2012-06 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How to Finance Energy Management Projects written by Eric A. Woodroof and published by CRC Press. This book was released on 2021-01-15 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: The landscape for implementing energy efficient projects is rapidly changing and the need for energy project financing has never been greater. This book provides the key success factors for structuring a finance energy project and getting it approved by top management. Part I covers the need for financing as well as the basic concepts. Part II covers some practical applications of financing such as performance contracts, power purchase agreements and other items like PACE financing. Part III contains articles that have helped many engineers get more projects implemented as they include information that can be used to present projects and get them approved.

Download or read book Valuing Climate Damages written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-06-23 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.

Download or read book Modernizing America s Electricity Infrastructure written by Mason Willrich and published by MIT Press. This book was released on 2017-10-13 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, coherent strategy for modernizing America's electricity infrastructure while ensuring affordable, reliable, secure, and environmentally sustainable electricity services. America's aging electricity infrastructure is deteriorating rapidly even as the need for highly reliable electric service—driven by the explosion of digital technology—continues to rise. Largely missing from national discussions, however, is a coherent, comprehensive national strategy for modernizing this critical infrastructure. Energy expert Mason Willrich presents just such a strategy in this book, connecting the dots across electric utilities, independent suppliers, government bureaucracies, political jurisdictions, and academic disciplines. He explains the need for a coherent approach, offers a framework for analyzing policy options, and proposes a step-by-step strategy for modernizing electrical infrastructure, end-to-end, in a way that ensures the delivery of affordable, reliable, secure, and environmentally sustainable electricity services. Willrich argues that an effective electrical infrastructure modernization strategy must incorporate flexibility, adaptability, and the capacity to coordinate policies at local, state, and federal levels. He reviews the history of America's electrification, from Edison's demonstration of the incandescent light bulb through the recent expansion of wind, solar, and energy efficiency as carbon-free energy resources. He describes the current ownership and operation of the electric industry and the complicated web of federal and state policies that govern it.

Download or read book Power from the People written by Greg Pahl and published by Chelsea Green Publishing. This book was released on 2012-08-13 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 90 percent of US power generation comes from large, centralized, highly polluting, nonrenewable sources of energy. It is delivered through long, brittle transmission lines, and then is squandered through inefficiency and waste. But it doesn't have to be that way. Communities can indeed produce their own local, renewable energy. Power from the People explores how homeowners, co-ops, nonprofit institutions, governments, and businesses are putting power in the hands of local communities through distributed energy programs and energy-efficiency measures. Using examples from around the nation - and occasionally from around the world - Greg Pahl explains how to plan, organize, finance, and launch community-scale energy projects that harvest energy from sun, wind, water, and earth. He also explains why community power is a necessary step on the path to energy security and community resilience - particularly as we face peak oil, cope with climate change, and address the need to transition to a more sustainable future. This book - the second in the Chelsea Green Publishing Company and Post Carbon Institute's Community Resilience Series - also profiles numerous communitywide initiatives that can be replicated elsewhere.