In early 2025, New Jersey will join 34 other states with an active Commercial Property Assessed Clean Energy (C-PACE) program. Nationwide, C-PACE programs have already driven $9 billion in private investment, generated over $15 billion in economic development, and created Read More …
Now that implementation of the new Garden State PACE program seems imminent, it’s worth understanding how the program will work. Let’s begin with the law, codified as N.J.S.A. 34-1B-374-382 (“the C-PACE Act”). The first section describes the legislature’s findings and Read More …
February 14, 2019: NJ’s new stormwater utility bill (A2694/S1073) authorizes municipalities to collect fees on parking lots and other impervious surfaces to fund improvements to failing stormwater systems. But it has many commercial property owners concerned that they will now Read More …
Now that PACE seems certain to be approved in New Jersey in 2018, the biggest question facing us is that of municipal adoption. With 565 municipalities, getting a PACE ordinance approved and a program established could take months if not Read More …
New Jersey is about to experience a surge of new clean energy projects, unleashing a considerable amount of additional private financing for energy efficiency and renewables. Amendments to NJ’s existing PACE law are being passed in the NJ Legislature this Read More …
A number of organizations, including the new Coalition for PACE in New Jersey and ourselves, have been involved in working with the state legislature to craft a new law that will address the Governor’s concerns — as stated in last year’s Read More …
In the wake of Governor Christie’s conditional veto of A2579/S1510, the action we’re taking is to initiate a coalition of key players to: (a) resolve any issues standing in the way of a new, comprehensive, and workable bill — acceptable Read More …
Further to a broad email campaign by various nonprofit organizations, several key industry leaders have called or written to the Governor, asking him to sign the PACE bill (A2579/S1510), which has been on his desk since June 25. Here’s one Read More …
Along with the State Budget, and a hundred or so other bills, the final version of the PACE amending bill (A2579/S1510) passed with large bipartisan majorities in both houses of the New Jersey Legislature on Thursday (June 25, 2015). In Read More …
The theme of this year’s New Jersey PACE Summit is “PACE: what’s possible for New Jersey?” The subtitle gives part of the answer: “Resiliency • Clean Energy • Jobs”— these are the major elements of the story, that will be explored at Read More …