Los Angeles County - Commercial PACE (California)

From Open Energy Information

Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place California


Name Los Angeles County - Commercial PACE
Incentive Type PACE Financing
Applicable Sector Commercial
Eligible Technologies Lighting, Lighting Controls/Sensors, Chillers, Furnaces, Boilers, Heat pumps, Central Air conditioners, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Windows, Motors, Motor-ASDs/VSDs, Custom/Others pending approval, Solar Water Heat, Photovoltaics, Fuel Cells, Fuel Cells using Renewable Fuels
Active Incentive Yes
Implementing Sector Local
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs















Website http://lapace.org/


References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

Businesses in Los Angeles County may be eligible for the county's Property Assessed Clean Energy (PACE) program. PACE programs allow businesses to finance energy and water efficiency projects which are repaid through a special assessment on the business's property taxes. The property must be located within Los Angeles County, and within the boundaries of a city that has adopted a resolution to join the County-wide PACE district . The technologies listed above are examples of eligible improvements, but other technologies that are permanently affixed to the property, and have proven energy or water savings, may be eligible on a case-by-case basis. The LA County Commercial PACE Program utilizes an “open market” approach, where property owners may negotiate project-specific terms with the PACE investor of their choice, including banks that holds the first mortgages..


More information is available on the web site above.

<metadesc> Los Angeles County - Commercial PACE: energy incentive program. </metadesc>

Incentive Contact

Contact Name LA PACE Program Administrator




Phone (877) 785-2237


Email info@lapace.org




  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content