In August, Delaware Governor John Carney signed into law C-PACE enabling legislation. Governor Carney praised the bill's potential impact on the state: "By offering another method of financing for energy efficient projects, PACE will help Delaware further our goals to improve economic development, lower energy costs and reduce greenhouse emissions." The bill was drafted with input from local stakeholders and national experts, with broad support across the state's business community. The program will be administered by Delaware Sustainable Energy Utility (DESEU), with the goal to be active in the first quarter of 2019. Delaware joins 34 other states with PACE legislation. PACENation estimate
Annapolis, Maryland – (July 26, 2018) – Anne Arundel County Executive Steve Schuh announced today that Arundel Mills is the first commercial property to benefit from the county’s financing partnership called PACE – the Property Assessed Clean Energy Program. PACE facilitates secure financing that allows commercial or industrial property owners to make energy efficient upgrades to their building with no money down. “PACE financing is an important economic development tool to assist commercial property owners,” said Mr. Schuh. “As the first PACE project in the county, Arundel Mills will be shining example to encourage other commercial owners to invest in energy efficient improvements to their
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