Insights & Resources
PACE Financing Resource Center
Property owners throughout the Midwest are using PACE financing to unlock energy saving and renewable energy opportunities. PACE allows them to pay for energy efficiency and renewable energy technologies through special assessments paid with their property taxes. The mechanism provides access to long-term, fixed-rate financing. In well-structured transactions, PACE allows property owners to avoid up-front cash outlays, and the savings realized from the project can equal or exceed the special assessment costs.
Bricker's Economic Development team has been at the forefront of the burgeoning PACE market. Our attorneys have unmatched experience guiding clients through all phases and types of PACE transactions. Advising on PACE laws, PACE program structure and PACE projects throughout the region, we have gained national notoriety for our knowledge and experience within this specific area of law. Specifically, we are partners with C-PACE Alliance and PACENation, we have been selected as a Commercial PACE Working Group C-PACE Advisor by the United States Department of Energy and we are regular speakers at national events.
We have created this resource to highlight the opportunities, challenges and mechanics of PACE financing.
Total Ohio PACE Financing to date:
Total Kentucky PACE Financing to date:
Inflation Reduction Act: Direct payments to nonprofits and political subdivisions for clean energy projectsMore
PACE offers innovative financing for significant energy efficiency and renewable energy improvementsMore
Ohio S.B. 221: A summary of its advanced energy and energy efficiency provisions - updated January 2014More
Midwest PACE Services LLC announces third PACE Program Administration entity with TENNESSEE PACE
Midwest PACE Services LLC announces third PACE Program Administration entity with TENNESSEE PACE Midwest PACE Services, LLC (Midwest PACE), the leading PACE program administrator in Ohio and Kentucky, will now be operating in the Tennessee market as “TENNESSEE PACE.”More Feb 14, 2023
Bricker Chief DEI Officer Rhonda Talford Knight Awarded 2022 PACESetters Award
Bricker & Eckler Chief Diversity, Equity, & Inclusion Officer, Rhonda Talford Knight, PhD, has been awarded a PACESetters Award for her work in promoting diversity, equity, and inclusion in the PACE Marketplace.More Aug 5, 2022
Ohio joining residential PACE market with support from Toledo-Lucas County Port Authority, Bricker, Renovate America
Ohio residents will soon have access to property assessed clean energy (PACE) financing tools to fund modern upgrades to their residential properties thanks to the Toledo-Lucas County Port Authority’s newest initiative.More Mar 30, 2020
Columbus setting the “PACE,” according to Kalvas in Columbus Business First article
According to public finance attorney and PACE advisor Colin Kalvas in his article “Columbus setting the PACE nationally for commercial energy efficiency and sustainability financing,” PACE is a winning option for a variety of stakeholders, including property owners, tenants and lenders.More Nov 4, 2019
Bell featured on Debtwire: PACE financing likely to expand as a result of regulation, securitization
According to Bricker attorney Caleb Bell, PACE financing is “becoming its own unique asset class.” New developments in standardization and regulation are likely to increase the popularity of PACE bonds with investors.More Jul 15, 2019