OH – Local Option Special Energy Improvement Districts PACE Financing

Title:  Local Option Special Energy Improvement Districts PACE Financing

Details:

The Local Option Special Energy Improvement Districts Property-Assessed Clean Energy (PACE) is a Residential, Multi-Family Residential, Low-Income Residential, Agricultural, Industrial, and Commercial program for those who have energy efficient improvements made with the following: Solar Thermal Process Heat, Photovoltaic, Wind, Biomass, Geothermal Heat Pumps, Anaerobic Digestion, Geothermal Direct-Use, Solar Water Heat, and Solar Thermal Electric. The program offers low-interest 30yr loans. The following legislation set up this program: ORC 1710, ORC 717.25, ORC 4928.66, and S.B. 232. For more details use the following links below:

http://www.fhfa.gov/webfiles/15884/PACESTMT7610.pdf

http://www.ci.athens.oh.us/mayor_solar.cfm

http://www.neoaed.org/

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